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10 May 2024
DTN Midday Livestock Comments 05/10 11:53 Cattle Futures Trend Lower While Hogs Attempt to Maintain Their Upward Trek Some light cash cattle trade has been reported Friday with prices trading steady to $1.00 higher. But more cattle will likely need to sell before the week's end as the week's total movement has been thin thus far. ShayLe Stewart DTN...
10 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/10/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,695 WEEK TO DATE: 10,774 STEERS LIVE FOB 2,350 183.00-185.00 184.00-185.00 184.11 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,738 183.00-187.00 184.00-185.00 184.43 HEIFERS LIVE DELIVERED No r...
10 May 2024
DTN Early Word Livestock Comments 05/10 06:21 WASDE Report Friday to Show Price Expectations Livestock could not find any support Thursday with some weakness due to lower export sales than the previous week. Some pressure also came from lower product values. Robin Schmahl DTN Contributing Analyst Cattle: Steady Futures: Higher Live Equiv: $217.84 -...
9 May 2024
DTN Chart Technical Points 05/09 16:30 DTN FUTURES 10 5/09/24 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 MAY 619.75 623.19 604.67 587.28 564.63 66.28 64.60 58.42 68 80 88 80 CBTWT JUL 637.50 640.75 622.31 604.64 580.46 66.82 65.27 59.30 72 79 88 7...
9 May 2024
DTN Closing Livestock Comment 05/09 15:53 Demand Continues to Lag on Thursday Heading into Friday's trade be on the lookout for any developments in the cash cattle market and the morning's WASDE report ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday's trade was largely disappointing as the market saw livestock contracts close lower ...