Market News
RECENT NEWS
3 May 2024
DTN Midday Livestock Comments 05/03 11:40 Southern Feedlots Hold Out for More Money Packers have offered bids of $184 in the South, but with feedlot's asking prices firm at $186 plus, no Southern live cattle have traded yet. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle markets are trading higher as t...
3 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,893 WEEK TO DATE: 7,996 STEERS LIVE FOB 3,333 184.00-184.50 184.00-184.00 184.02 STEERS LIVE DELIVERED 213 187.00-187.00 187.00-187.00 187.00 HEIFERS LIVE FOB 2,074 184.00-184.00 184.00-184.00 184.00 HEIFERS L...
3 May 2024
DTN Early Word Livestock Comments 05/03 06:17 Further Strength Likely in Cattle Friday Cattle futures received positive news from numerous avenues Thursday, pushing contracts higher. Maybe traders can put the avian flu concerns behind them for now. Hog futures struggled throughout Thursday, resulting in a mixed close. Robin Schmahl DTN Contributing...
2 May 2024
DTN Chart Technical Points 05/02 16:30 DTN FUTURES 10 5/02/24 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 586.50 585.81 588.72 569.33 557.54 59.40 58.33 53.42 17 34 68 80 CBTWT JUL 604.25 603.81 606.81 586.00 572.02 59.66 59.02 54.42 20 36 69 8...
2 May 2024
DTN Closing Livestock Comment 05/02 15:58 USDA's Negative Finding of H5N1 in Ground Beef Sends the Cattle Contracts Sharply Higher Heading into Friday's market, the Southern Plains should see packer interest improve and trade cattle. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex saw the biggest support throughout Thursda...