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11 Oct 2023
DTN Midday Livestock Comments 10/11 11:36 Cautious Behavior Keeps Livestock Markets Depressed All three of the livestock markets are trading lower as the fundamentals are lending enough support for traders to feel confident in pursuing higher prices for the markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's a grim marketplace Wedn...
11 Oct 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/11/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,048 WEEK TO DATE: 9,048 STEERS LIVE FOB 4,663 182.00-183.00 182.00-183.00 182.93 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,847 182.00-183.00 182.00-183.00 182.93 HEIFERS LIVE DELIVERED No re...
11 Oct 2023
DTN Early Word Livestock Comments 10/11 06:17 Trader Uncertainty Expected to Continue The livestock complex just seemed to float Tuesday as traders could not find any solid direction. The financial markets, world events, and the upcoming World Agricultural Supply and Demand report are keeping traders cautious. Robin Schmahl DTN Contributing Analyst...
10 Oct 2023
DTN Chart Technical Points 10/10 16:30 DTN FUTURES 10 10/10/23 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 558.50 569.44 565.69 576.24 602.46 40.31 40.31 41.31 55 65 40 35 CBTWT MAR 590.00 599.63 595.69 604.46 629.26 41.42 41.17 41.90 58 66 41 ...
10 Oct 2023
DTN Closing Livestock Comment 10/10 15:49 Traders Fall Short of Finding Enough Fundamental Support Tuesday Heading into Wednesday's market, traders will again likely seek fundamental support in attempt to try to advance the livestock contracts. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Traders ran out of steam when it came to advancing...