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2 Feb 2024
DTN Midday Livestock Comments 02/02 11:57 Traders Cautious With Support in Friday's Market Given that traders are only mildly supporting the live cattle contracts as both the feeder cattle and lean hog markets trade lower, it looks like the rush of this invigorating week is over. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's almost as...
2 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 142 WEEK TO DATE: 14,257 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 SALE...
2 Feb 2024
DTN Early Word Livestock Comments 02/02 06:24 Higher Cash Supports Cattle Friday It was a strong Thursday for cattle futures as cash cattle began trading higher. The market opened moderately higher in response to the report, but cash was the catalyst for strength. Hog futures were holding initially, but fell under selling pressure despite solid exp...
1 Feb 2024
DTN Chart Technical Points 02/01 16:30 DTN FUTURES 10 2/01/24 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 601.50 598.94 601.33 598.44 609.08 50.27 49.41 48.52 51 44 47 47 CBTWT MAY 609.50 608.50 611.14 609.63 620.44 48.22 47.92 47.62 49 44 44 4...
1 Feb 2024
DTN Closing Livestock Comment 02/01 15:40 Cattle Run With Ample Support Thursday Heading into Friday's trade, the cash cattle market could see a little more trade but prices will likely remain steady with the week's trend. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a powerful day for the cattle complex as both the live cattle and...