Market News
RECENT NEWS
4 Dec 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/04/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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 - TODAY: 0 WEEK TO DA...
4 Dec 2023
DTN Early Word Livestock Comments 12/04 06:13 Traders May Begin the Week Cautiously The cattle complex fell apart on Friday with feeder cattle posting over $5.00 losses. Futures fell back near the lows as the market was unable to find strong buyer interest. Hogs were lower suffering some of the same fate, but not with the pressure of cattle. Cash a...
4 Dec 2023
DTN Midday Livestock Comments 12/04 11:56 Additional Weakness Develops Through Cattle Futures Follow-through pressure developed in live cattle and feeder cattle trade Monday morning, causing additional technical pressure as nearby price levels have not moved through recent support levels, creating concerns of further selling activity. Rick Kment DT...
4 Dec 2023
DTN Closing Livestock Comment 12/04 15:58 Cattle Market Weakness Continues Renewed pressure developed Monday morning in all cattle trade. The combined weakness of last week's futures price tumble, weaker cash values and eroding beef prices has traders concerned of further liquidation. Rick Kment DTN Analyst GENERAL COMMENTS: Cattle futures were the...
3 Dec 2023
DTN Closing Livestock Comment 12/03 17:09 Feeder Cattle Futures Tumble Lower Friday Active pressure in livestock futures trade Friday was led by aggressive market losses across the feeder cattle complex. The optimism seen Tuesday and Wednesday has been fully eroded as January feeder cattle fell nearly $5 per cwt through the week. Rick Kment DTN Ana...