Market News
RECENT NEWS
9 May 2024
DTN Midday Livestock Comments 05/09 11:41 Lackluster Tones Draw Livestock Contracts Lower No cash cattle trade has developed, and no bids are being offered currently. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's been a lackluster, dreary day for the livestock complex as all three of the livestock markets are trading lower thanks to a...
9 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/09/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 199 WEEK TO DATE: 199 STEERS LIVE FOB 42 187.00-187.00 187.00-187.00 187.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 157 187.00-187.00 187.00-187.00 187.00 HEIFERS LIVE DELIVERED No reportable ...
9 May 2024
DTN Early Word Livestock Comments 05/09 06:23 There is Much Uncertainty in the Markets Live cattle continue to chop sideways while feeder cattle are trending lower. The anticipation for cash trade week has become less optimistic. Hog futures had a nice turnaround from the lows, but the buying interest failed to maintain the highs, resulting in a mi...
8 May 2024
DTN Chart Technical Points 05/08 16:30 DTN FUTURES 10 5/08/24 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 616.00 619.75 602.83 583.50 562.66 64.71 63.51 57.82 82 83 85 76 CBTWT JUL 634.00 637.00 620.61 600.75 578.34 65.37 64.26 58.75 81 79 84 7...
8 May 2024
DTN Closing Livestock Comment 05/08 15:39 Boxed Beef Prices Dip Lower by Wednesday's End Heading into Thursday's market, all eyes will be on the morning's export report, any developments in the cash cattle market and boxed beef prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The lean hog complex rounded out the day higher as pork cut...