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RECENT NEWS
8 May 2020
DTN Closing Livestock Comment 05/08 16:12 Cash Markets Jump Even Higher Before the Week's Close As the market heads to the weekend and prepares for Monday, expectations are going to be higher for both cash markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: This past week had a lot to offer for the livestock sector. Cattle contracts ral...
8 May 2020
DTN Chart Technical Points 05/08 16:30 DTN FUTURES 10 5/08/20 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 MAY 529.50 527.19 525.61 531.51 537.01 47.84 46.85 47.59 79 77 29 25 CBTWT JUL 522.00 520.69 520.61 529.32 534.27 42.69 43.25 45.58 72 68 25 2...
8 May 2020
DTN Midday Livestock Comments 05/08 12:10 The Board Veers Lower While Cash Markets Jump Friday may not be a day the board closes higher but the cash market's strength is an encouraging sign. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Friday's ambition quickly ran short as cattle contracts are trading mostly lower and the lean hog complex...
8 May 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/08/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,959 WEEK TO DATE: 9,008 STEERS LIVE FOB 1,770 104.00-115.00 115.00-115.00 112.91 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,139 104.00-115.00 115.00-115.00 111.30 HEIFERS LIVE DELIVERED No re...
8 May 2020
DTN Early Word Livestock Comments 05/08 06:37 Cattle Traders Focus on Extending Market Rally Expanded trading limits are available once again in live cattle futures Friday morning following a $7.50 per cwt rally in nearby contracts over the last two trading sessions. The focus on still strong wholesale beef values is sparking renewed buying now tha...