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10 Apr 2019
DTN Closing Livestock Comment 04/10 16:03 Hog Futures Surge Late Wednesday Buyers quickly stepped back into the hog trade Wednesday, pushing many contracts triple digits higher. By Rick Kment DTN Analyst GENERAL COMMENTS: Renewed buyer support flooded into the lean hog market Wednesday, pushing deferred futures contracts triple digits higher. Cattl...
10 Apr 2019
DTN Chart Technical Points 04/10 16:30 DTN FUTURES 10 4/10/19 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 458.00 462.63 464.08 464.44 472.99 40.26 42.40 41.98 23 39 68 75 CBTWT JUL 461.50 466.00 468.03 469.21 477.84 38.11 40.82 40.97 21 36 63 7...
10 Apr 2019
DTN Midday Livestock Comments 04/10 12:06 Hog Prices Rebound Midday Wednesday Early market pressure in lean hog trade quickly ran out of gas, allowing for active buyer interest to flood the complex. This allowed for triple-digit gains to sweep through most hog contracts. By Rick Kment DTN Analyst General Comments Strong gains have quickly moved int...
10 Apr 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/10/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 12,113 WEEK T0 DATE: 13,980 STEERS 4,539 123.00-124.00 123.00-124.00 123.99 HEIFERS 3,876 122.00-124.00 123.00-124.00 123.94 NEBRASKA CONFIRMED CASH SALES - TODAY: 842 WEEK TO DATE: 2,344 STEERS 80 204.00-204.00...
10 Apr 2019
DTN Early Word Opening Livestock 04/10 06:33 Continued Hog Pressure Expected Sharp losses on Tuesday in most hog futures could bring additional weakness in midweek trade. Expanded trade limits have been enacted, allowing for lean hog futures to swing $4.50 per cwt through the Wednesday session. By Rick Kment DTN Analyst Cattle: Steady Futures: Mixe...