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4 Oct 2023
DTN Midday Livestock Comments 10/04 11:31 Support Resurfaces for Cattle, but Hogs Continue to Trade Lower After Tuesday's descend, the cattle contracts are back to trading higher, but the hog complex isn't finding the same support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After a politically charged Tuesday with Speaker of the House K...
4 Oct 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/04/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 541 WEEK TO DATE: 9,822 STEERS LIVE FOB 241 182.00-182.50 182.00-182.50 182.37 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA C...
4 Oct 2023
DTN Early Word Livestock Comments 10/04 06:15 Livestock Futures Search for Support It was a bad Tuesday for cattle futures as liquidation ran rampant. Heavy selling pushed futures lower, leaving chart gaps on the open in live cattle. Feeder cattle futures lead the way with losses of over $5.00 in most contracts. Hogs were generally lower but kept l...
3 Oct 2023
DTN Chart Technical Points 10/03 16:30 DTN FUTURES 10 10/03/23 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 568.50 563.38 574.03 582.96 613.66 42.22 40.84 41.52 32 23 22 22 CBTWT MAR 597.75 593.44 602.39 610.17 639.87 42.48 41.10 41.85 34 25 24 ...
3 Oct 2023
DTN Closing Livestock Comment 10/03 15:46 Economic Pressure Sends Livestock Plummeting It was a tough day for the livestock complex as all three of the markets closed lower due to outside economic pressure. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a doggish day for the livestock complex as a spike in the number of jobs availabl...