Market News
RECENT NEWS
23 May 2024
DTN Midday Livestock Comments 05/23 11:47 Light Southern Trade Beginning to Develop for $1 Higher Thursday Some light Southern trade is beginning to develop for $187, which is $1.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With some light trade beginning to develop in the South for $1.00 highe...
23 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/23/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,305 WEEK TO DATE: 8,320 STEERS LIVE FOB 2,443 187.00-192.00 187.00-192.00 187.26 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,446 187.00-192.00 187.00-192.00 187.76 HEIFERS LIVE DELIVERED No re...
23 May 2024
DTN Early Word Livestock Comments 05/23 06:19 Cattle Traders Begin Looking Ahead to Cattle on Feed Report Cattle and hogs diverged Wednesday with cattle posting triple-digit gains while hogs showed triple-digit losses. Cattle futures seem to be targeting the highs from March. Hog futures may be heading to the February lows. Robin Schmahl DTN Contri...
22 May 2024
DTN Chart Technical Points 05/22 16:30 DTN FUTURES 10 5/22/24 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 JUL 693.00 682.63 675.83 649.07 604.82 68.81 67.95 63.46 78 60 81 81 CBTWT SEP 712.75 702.75 695.86 669.21 623.04 69.12 68.50 64.31 79 61 82 8...
22 May 2024
DTN Closing Livestock Comment 05/22 15:20 Feeder Cattle Complex Momentum Drives the Cattle Sector Higher Heading into Thursday's market be on the lookout for any developments in the cash cattle market and for the morning's export report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the cattl...