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10 Nov 2023
DTN Midday Livestock Comments 11/10 11:46 Livestock Markets Stabilize Friday Following a very volatile week, the Friday trading session has brought some much-needed stability into livestock futures. These late week shifts are not going bring markets back to neutral or higher ground, but the ability to break from plummeting cattle prices is still a ...
10 Nov 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/10/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 8,116 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: 1,013 WE...
10 Nov 2023
DTN Early Word Livestock Comments 11/10 06:20 Follow-Through Selling May Continue Just when it seemed fund selling had run its course, the other shoe dropped, triggering rampant liquidation. The recent decline has been worse than the aftermath of the October Cattle on Feed report. Hogs continued to defy spillover pressure from cattle and held well ...
9 Nov 2023
DTN Closing Livestock Comment 11/09 15:45 Bearish Week Continues for Cattle Futures Aggressive losses in cattle futures created significant market weakness across the entire complex. This led to further widespread liquidation through the entire trading session. Spot-month cattle futures are trading at the lowest levels since May, with concern that ...
9 Nov 2023
DTN Midday Livestock Comments 11/09 12:08 Further Weakness Floods Into Cattle Complex Despite posting positive moves Wednesday, the cattle market has returned to a bearish tone with active liquidation seen through most of the morning. Triple-digit losses are evident in both live cattle and feeder cattle trade as technical pressure redevelops. Hog f...