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RECENT NEWS
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...
1 Dec 2023
DTN Chart Technical Points 12/01 16:30 DTN FUTURES 10 12/01/23 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 577.00 561.75 553.81 562.14 567.45 61.34 55.68 49.84 93 72 40 25 CBTWT MAR 602.75 589.63 581.61 588.74 595.16 60.49 55.21 49.68 89 71 42 ...
1 Dec 2023
DTN Closing Livestock Comment 12/01 13:44 Cattle Futures Erode Thursday Cattle futures took a step back Thursday as buyer support quickly eroded, pulling back from the gains over the past two sessions. End-of-month position squaring created some additional concerns that markets may find additional gains challenging. Rick Kment DTN Analyst GENERAL C...