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RECENT NEWS
8 Dec 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/08/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 10,175 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: 1,012 W...
8 Dec 2023
DTN Early Word Livestock Comments 12/08 06:21 Mixed Trade Ahead of WASDE Report Cattle just could not hang onto early strength Thursday. Once futures failed to post any further gains, traders sold the market again, resulting in new lows. Boxed beef showed further weakness. Hog futures opened lower and remained lower throughout the day. Futures coul...
7 Dec 2023
DTN Chart Technical Points 12/07 16:30 DTN FUTURES 10 12/07/23 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 626.00 614.56 582.17 569.90 572.42 75.59 68.43 57.59 88 93 88 68 CBTWT MAR 642.25 631.88 605.22 594.82 598.97 75.92 67.72 56.64 85 87 86 ...
7 Dec 2023
DTN Closing Livestock Comment 12/07 15:52 Livestock Markets Post Additional Losses Despite the ability for cattle futures to trade higher through most of the trading day, continued market weakness eroded any sense of support and pushed prices lower in all but front-month Feeder cattle contracts. The bearish overall moves across the cattle markets h...
7 Dec 2023
DTN Midday Livestock Comments 12/07 11:41 Cattle Futures Stabilize Thursday Morning The break away from aggressive losses is a relief in all cattle markets, although the downside pressure seen over the last few weeks is creating significant uncertainty about just how much short-term upside market potential can be expected before the end of the year...