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17 May 2024
DTN Midday Livestock Comments 05/17 11:41 Feedlots Hold Out for More Money Bids are on the table, but if packers wish to get any cattle bought this week, they'll have to up the ante this afternoon in order to get the cattle they need purchased. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex is continuing to trade higher a...
17 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/17/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 13,820 WEEK TO DATE: 14,553 STEERS LIVE FOB 6,680 184.00-186.00 184.00-186.00 185.95 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 4,113 184.00-190.00 184.00-190.00 186.00 HEIFERS LIVE DELIVERED No ...
17 May 2024
DTN Early Word Livestock Comments 05/17 06:20 Higher Cash Cattle Trade Expected Friday The livestock complex was higher across the board Thursday. Live cattle opened higher and remained higher throughout the day as anticipation for higher cash trade increased. Hogs began lower then found strong buying interest even though it seemed there was not mu...
16 May 2024
DTN Chart Technical Points 05/16 16:30 DTN FUTURES 10 5/16/24 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 663.25 672.13 657.22 633.96 593.38 64.32 64.83 60.78 54 68 86 88 CBTWT SEP 683.50 692.31 677.42 653.71 611.18 64.99 65.69 61.82 54 68 86 8...
16 May 2024
DTN Closing Livestock Comment 05/16 15:51 Feedlots Aim for Higher Cash Prices Friday's market should be worth watching as cash cattle prices could trade higher and so long as beef demand remains evident in the market, the futures complex stands a chance of continuing its higher trend too. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The l...