Market News
RECENT NEWS
10 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/10/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,008 WEEK TO DATE: 7,775 STEERS LIVE FOB 1,583 187.00-189.00 187.00-189.00 188.11 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 858 187.00-189.00 187.00-189.00 187.97 HEIFERS LIVE DELIVERED No repo...
10 Jul 2024
DTN Early Word Livestock Comments 07/10 06:20 Further Selling Pressure Expected Wednesday Losses mounted in the livestock complex Tuesday, adding to the pressure from Monday. Cattle traders became less optimistic over near-term demand. Hog futures are unable to find support as futures continue to pancake lower. Robin Schmahl DTN Contributing Analys...
9 Jul 2024
DTN Closing Livestock Comment 07/09 16:17 Boxed Beef Prices Turn Lower Tuesday Heading into Wednesday's market, traders will continue to closely watch boxed beef prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a disappointing day for the cattle complex, as the boxed beef market softened, which sent traders into a tizzy and led...
9 Jul 2024
DTN Chart Technical Points 07/09 16:30 DTN FUTURES 10 7/09/24 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 554.25 558.50 557.69 570.61 625.90 38.78 38.05 41.70 41 56 18 16 CBTWT SEP 572.00 576.75 576.86 588.57 645.51 38.23 37.56 41.44 44 54 17 1...
9 Jul 2024
DTN Midday Livestock Comments 07/09 11:36 Midday Boxed Beef Prices Lower Tuesday All three livestock markets are trading lower as both beef prices and pork cutout values are lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The live cattle contracts were trading higher earlier Tuesday, but with the onset of weaker boxed beef prices, bot...