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25 Apr 2019
DTN Closing Livestock Comment 04/25 15:55 Livestock Futures Down Triple Digits Thursday Traders reacted to the lack of pork sales to China by pushing most contract months limit lower Thursday. The inability to continue aggressive sales notices took the market by surprise. Cattle futures also continued shift lower Thursday. By Rick Kment DTN Analyst...
25 Apr 2019
DTN Chart Technical Points 04/25 16:30 DTN FUTURES 10 4/25/19 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 434.75 435.38 444.64 454.51 458.21 30.31 33.66 37.41 21 15 9 11 CBTWT JUL 441.50 441.69 449.50 458.88 463.54 32.07 34.55 37.49 26 18 10 10...
25 Apr 2019
DTN Midday Livestock Comments 04/25 11:46 Limit Hog Losses Add To Bearish Market Tone Traders in nearby lean hog futures quickly reacted to the disappointing export sales report with limit losses. Additional sharp pressure is holding in cattle trade, adding to widespread market concerns. By Rick Kment DTN Analyst General Comments Sharp triple-digit...
25 Apr 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/25/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,659 WEEK T0 DATE: 22,594 STEERS 941 122.00-126.00 122.00-126.00 123.21 HEIFERS 1,145 122.00-126.00 122.00-126.00 122.59 NEBRASKA CONFIRMED CASH SALES - TODAY: 22,575 WEEK TO DATE: 26,776 STEERS 7,161 200.00-20...
25 Apr 2019
DTN Early Word Opening Livestock 04/25 06:19 Hog Traders Look for Additional China Sales Traders will closely focus on the weekly Export Sales report Thursday, looking for any additional China sales. This could help give additional direction to the complex. By Rick Kment DTN Analyst Cattle: Steady to $1 Higher Futures: Lower Live Equiv: $152.55 -0....