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9 Feb 2024
DTN Midday Livestock Comments 02/09 11:50 Still Waiting on Cash Cattle to Trade Friday The cash cattle market still hasn't seen business shake loose and it's anyone's guess at this point whether feedlots will have to carry over their showlists or if packers will end up paying more. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Heading into...
9 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/09/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 887 WEEK TO DATE: 887 STEERS LIVE FOB 228 182.00-182.00 182.00-182.00 182.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 659 182.00-182.00 182.00-182.00 182.00 HEIFERS LIVE DELIVERED No reportable...
9 Feb 2024
DTN Early Word Livestock Comments 02/09 06:22 Cash Cattle Expected to Trade Higher Friday Cattle futures found their legs Thursday, reversing the losses of the previous day and pushing to new highs. Feedlots are tight-fisted and seem determined not to trade at steady or lower cash. Hogs could not find support, opening lower and posting further weak...
8 Feb 2024
DTN Chart Technical Points 02/08 16:30 DTN FUTURES 10 2/08/24 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 MAR 588.50 593.94 596.81 596.15 609.01 42.24 44.39 46.65 36 37 48 50 CBTWT MAY 594.00 600.94 605.08 605.71 619.54 38.78 41.86 45.18 30 32 39 4...
8 Feb 2024
DTN Closing Livestock Comment 02/08 15:43 Still Waiting on Cash Cattle to Trade Heading into Friday's trade, seeing what develops in the cash cattle market will be a priority. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a busy day for the livestock complex, but thankfully for the cattle contracts, the day was rather supportive. Th...