Market News
RECENT NEWS
7 Feb 2024
DTN Midday Livestock Comments 02/07 11:41 Cash Cattle Bids Begin to Surface The live cattle market is trading lower as traders patiently wait to see what this week's cash cattle trade amounts to. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Lean hog and feeder cattle contracts are seeing mild support while the live cattle complex hangs ba...
7 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/07/24 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...
7 Feb 2024
DTN Early Word Livestock Comments 02/07 06:25 Traders Anticipate Higher Cash Wednesday Traders used the decline in cattle futures on Monday as a buying opportunity to establish long positions Tuesday. This keeps the uptrend intact. Hogs could not find solid buying interest as liquidation continued. Robin Schmahl DTN Contributing Analyst Cattle: Hig...
6 Feb 2024
DTN Chart Technical Points 02/06 16:30 DTN FUTURES 10 2/06/24 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 595.00 596.63 599.25 596.67 609.73 46.32 46.92 47.68 37 43 49 49 CBTWT MAY 602.75 604.81 608.50 607.08 620.63 44.13 45.30 46.67 34 40 43 4...
6 Feb 2024
DTN Closing Livestock Comment 02/06 15:35 Cattle Markets Grab for More Heading into Wednesday's market, packer interest could improve and bids could be offered. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an exhilarating day for the cattle complex as both the live cattle and feeder cattle markets closed higher. Still, no cash catt...