Market News
RECENT NEWS
22 May 2024
DTN Early Word Livestock Comments 05/22 06:19 Further Strength in Cattle Futures Cattle are on a roll and trending higher. Higher boxed beef indicates strong demand and packers will need to supply it. Hog futures remained under pressure with lower lows again made. Cutouts continue to struggle. Robin Schmahl DTN Contributing Analyst Cattle: Higher F...
21 May 2024
DTN Chart Technical Points 05/21 16:30 DTN FUTURES 10 5/21/24 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 697.50 675.19 669.67 645.14 602.02 71.68 69.89 64.41 60 46 81 82 CBTWT SEP 717.50 695.44 689.75 665.26 620.14 72.23 70.61 65.37 61 46 81 8...
21 May 2024
DTN Closing Livestock Comment 05/21 15:42 Strong Beef Demand Keeps Traders Excited to Support the Cattle Complex Heading into Wednesday's market traders will again be watching boxed beef prices and pork cutout values, as well as looking for early asking prices in the Northern plains. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was ano...
21 May 2024
DTN Midday Livestock Comments 05/21 11:41 Cattle Trade Higher as Boxed Beef Prices Remain Supported, Corn is Lower The cattle complex is back to rallying Tuesday as the market is seeing plenty of support with boxed beef prices higher again and corn posing no threat as it trades lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Heading i...
21 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/21/24 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...