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30 Nov 2023
DTN Midday Livestock Comments 11/30 12:21 Cattle Market Pressure Develops Following a two-day run of higher prices in cattle futures, buyer support seems to be in short supply as live and feeder cattle futures are holding triple-digit losses. The overall lack of support at the end of November could create some additional market pressure. Rick Kment...
30 Nov 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/30/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,152 WEEK TO DATE: 8,489 1,973 171.00-174.00 173.00-174.00 173.87 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 741 174.00-174.00 174.00-174.00 174.00 HEIFERS LIVE DELIVERED No reportable trade NEB...
30 Nov 2023
DTN Early Word Livestock Comments 11/30 06:29 Traders To Balance Oversold Futures With Fundamentals Both cattle and hog futures closed higher. This was not supported by cash or product values, but mostly due to a continued correction of an oversold market. Gains may be tempered a bit today due to cash weakness. Robin Schmahl DTN Contributing Analys...
29 Nov 2023
DTN Closing Livestock Comment 11/29 16:03 Livestock Futures Continue Higher Moderate to firm gains developed in all livestock trade Wednesday, as spillover buying from Tuesday's market rally helped to solidify the upward movement in cattle and hog futures this week. Rick Kment DTN Analyst GENERAL COMMENTS: Even though cattle prices pulled back from...
29 Nov 2023
DTN Chart Technical Points 11/29 16:30 DTN FUTURES 10 11/29/23 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 556.00 545.69 549.03 562.19 567.69 49.08 47.06 45.83 47 38 22 17 CBTWT MAR 585.75 574.00 576.72 588.79 595.45 50.78 48.21 46.33 47 38 24 ...