Market News
RECENT NEWS
1 May 2024
DTN Midday Livestock Comments 05/01 11:46 Cautionary Tones Keep Livestock Complex Trading Mostly Lower With traders still leery of overly supporting the livestock contracts amid mixed consumer demand and the potential that more bird flu cases may develop, traders remain cautious in this marketplace. ShayLe Stewart DTN Livestock Analyst GENERAL COMM...
1 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/01/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
1 May 2024
DTN Early Word Livestock Comments 05/01 06:22 Cattle Futures May See Further Pressure From Uncertainty Wednesday The cattle complex came under substantial pressure Tuesday, mainly from the concern over testing ground beef to see whether there is any evidence of the H5N1 virus. The uncertainty triggered the liquidation of futures. Hog futures closed...
30 Apr 2024
DTN Chart Technical Points 04/30 16:30 DTN FUTURES 10 4/30/24 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 585.00 595.19 579.72 567.39 557.34 59.08 58.12 53.03 57 75 80 82 CBTWT JUL 603.25 613.63 597.50 583.71 571.16 59.84 59.16 54.21 57 76 81 8...
30 Apr 2024
DTN Closing Livestock Comment 04/30 15:35 USDA's Testing of Ground Beef for Avian Influenza Panicked the Cattle Complex Even though the USDA believes that meat supplies are safe from H5N1, traders still reacted poorly to their announcement of testing ground beef for the virus. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: USDA's announceme...