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RECENT NEWS
20 May 2024
DTN Early Word Livestock Comments 05/20 06:12 Cattle Find Strong Support Feedlots received what they wanted as higher cash trade unfolded late last week. Both cash and boxed beef provided the support. Hogs could not find any support with new lows again as traders continued to liquidate long positions. Robin Schmahl DTN Contributing Analyst Cattle: ...
17 May 2024
DTN Chart Technical Points 05/17 16:30 DTN FUTURES 10 5/17/24 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 651.25 663.19 657.50 636.65 595.69 56.61 59.53 58.24 35 52 80 86 CBTWT SEP 672.00 683.69 677.81 656.61 613.62 57.34 60.41 59.25 35 53 80 8...
17 May 2024
DTN Closing Livestock Comment 05/17 15:42 : Cash Cattle Prices Jump $2 to $5 Higher Feedlots' determination to advance this week's cash cattle market paid off as prices were $2.00 to $5.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an invigorating day for the cattle complex as cash prices...
17 May 2024
DTN Midday Livestock Comments 05/17 11:41 Feedlots Hold Out for More Money Bids are on the table, but if packers wish to get any cattle bought this week, they'll have to up the ante this afternoon in order to get the cattle they need purchased. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex is continuing to trade higher a...
17 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/17/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 13,820 WEEK TO DATE: 14,553 STEERS LIVE FOB 6,680 184.00-186.00 184.00-186.00 185.95 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 4,113 184.00-190.00 184.00-190.00 186.00 HEIFERS LIVE DELIVERED No ...