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RECENT NEWS
17 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/17/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,116 WEEK TO DATE: 6,195 STEERS LIVE FOB 1,185 187.00-188.00 187.00-188.00 187.53 STEERS LIVE DELIVERED 509 192.00-194.00 192.00-194.00 193.49 HEIFERS LIVE FOB 501 185.00-188.00 185.00-188.00 187.57 HEIFERS LIV...
17 Jul 2024
DTN Early Word Livestock Comments 07/17 06:21 Hog May See Further Short-Covering Wednesday Cattle futures closed higher Tuesday but the interest seemed to lack conviction and rightly so due to the weakness of boxed beef and the upcoming Cattle on Feed report. Hogs finally had a strong day with nearby months outpacing deferred contracts. Robin Schma...
16 Jul 2024
DTN Chart Technical Points 07/16 16:30 DTN FUTURES 10 7/16/24 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT SEP 530.75 546.31 561.53 568.43 633.48 26.97 29.93 36.76 5 12 5 11 CBTWT DEC 555.50 570.69 585.47 591.92 657.09 26.60 29.41 36.36 5 12 6 11 KC...
16 Jul 2024
DTN Closing Livestock Comment 07/16 15:34 Traders Push Livestock Contracts Higher Through Tuesday's Close Heading into Wednesday's market, cattlemen will be looking for packer interest to increase and expect asking prices to surface. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All in all, it was a good day for the livestock complex as al...
16 Jul 2024
DTN Midday Livestock Comments 07/16 11:33 Hogs Rally Upon Technical Support and Stronger Consumer Demand The cattle contracts are continuing to trade mixed but the lean hog complex is trading $1.00 to $2.00 higher as technically the market is far from any resistance and midday cutout prices are higher. ShayLe Stewart DTN Livestock Analyst GENERAL C...