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RECENT NEWS
8 Nov 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/08/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,485 WEEK TO DATE: 2,192 STEERS LIVE FOB 633 187.00-187.00 187.00-187.00 187.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 429 187.00-187.00 187.00-187.00 187.00 HEIFERS LIVE DELIVERED No report...
8 Nov 2024
DTN Early Word Livestock Comments 11/08 06:23 Lower Cash Cattle Prices Expected Friday Cattle futures closed higher Thursday, but not due to the exports sales report as those numbers were dismal. The strength was likely due to the support seen in other, outside markets. Hog futures were mostly higher with continued spread trading impacting the Dece...
7 Nov 2024
DTN Chart Technical Points 11/07 16:30 DTN FUTURES 10 11/07/24 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 DEC 571.50 571.50 569.67 573.94 580.82 46.03 46.60 47.98 59 54 24 22 CBTWT MAR 589.00 589.63 588.89 593.60 601.00 42.94 44.70 47.18 54 49 19 ...
7 Nov 2024
DTN Closing Livestock Comment 11/07 15:57 Boxed Beef Prices and Pork Cutout Values Dip Lower Heading into Friday's trade the market will be closely watching for the mid-morning WASDE report and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as although ...
7 Nov 2024
DTN Midday Livestock Comments 11/07 11:41 Weak Exports Push the Hog Complex Lower There's a single bid currently being offered in the North at $186, but still no sales have developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are trading mostly higher into Thursday's noon hour, but the l...