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RECENT NEWS
22 May 2024
DTN Midday Livestock Comments 05/22 11:47 Feeders Drive Cattle Complex Higher Again Wednesday The positive momentum in the feeder cattle complex is helping drive the entire cattle sector higher into Wednesday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The feeder cattle complex is powering its way through Wednesday's trade a...
22 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/22/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,149 WEEK TO DATE: 1,149 STEERS LIVE FOB 686 187.00-187.00 187.00-187.00 187.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 308 187.00-187.00 187.00-187.00 187.00 HEIFERS LIVE DELIVERED No report...
22 May 2024
DTN Early Word Livestock Comments 05/22 06:19 Further Strength in Cattle Futures Cattle are on a roll and trending higher. Higher boxed beef indicates strong demand and packers will need to supply it. Hog futures remained under pressure with lower lows again made. Cutouts continue to struggle. Robin Schmahl DTN Contributing Analyst Cattle: Higher F...
21 May 2024
DTN Chart Technical Points 05/21 16:30 DTN FUTURES 10 5/21/24 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 697.50 675.19 669.67 645.14 602.02 71.68 69.89 64.41 60 46 81 82 CBTWT SEP 717.50 695.44 689.75 665.26 620.14 72.23 70.61 65.37 61 46 81 8...
21 May 2024
DTN Closing Livestock Comment 05/21 15:42 Strong Beef Demand Keeps Traders Excited to Support the Cattle Complex Heading into Wednesday's market traders will again be watching boxed beef prices and pork cutout values, as well as looking for early asking prices in the Northern plains. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was ano...