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RECENT NEWS
7 Dec 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/06/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 10,141 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: 2,089 W...
7 Dec 2023
DTN Early Word Livestock Comments 12/07 06:54 Traders Uncertain of Price Support Cattle futures completely fell apart Wednesday. Support remains elusive and any increase is now viewed as a selling opportunity. Hogs held well with prices mixed into the close. Lower cutouts may influence trade Thursday. Robin Schmahl DTN Contributing Analyst Cattle: ...
6 Dec 2023
DTN Closing Livestock Comment 12/06 16:09 Sharp Cattle Losses Develop Wednesday Market bearishness continues to be seen through the cattle complex, once again breaking through recent support levels and testing if not setting contract lows. The continued pressure in both fundamental and technical factors across the cattle complex is limiting any sen...
6 Dec 2023
DTN Chart Technical Points 12/06 16:30 DTN FUTURES 10 12/06/23 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 615.75 602.31 573.58 567.08 570.95 72.74 65.97 56.12 91 97 82 57 CBTWT MAR 633.50 622.00 598.00 592.43 597.78 73.02 65.24 55.23 86 89 81 ...
6 Dec 2023
DTN Midday Livestock Comments 12/06 12:03 Mixed Livestock Trade Wednesday Livestock futures are mixed Wednesday morning with traders adjusting positions following the strong cattle market rally Tuesday. The inability to draw additional price support in live cattle trade could create additional end-of-the-week market pressure. Rick Kment DTN Analyst...