Market News
RECENT NEWS
6 Dec 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/06/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,176 WEEK TO DATE: 5,749 STEERS LIVE FOB 2,990 190.00-191.00 190.00-191.00 190.85 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 661 190.50-191.00 190.50-191.00 190.86 HEIFERS LIVE DELIVERED No repo...
6 Dec 2024
DTN Early Word Livestock Comments 12/06 06:27 Cash Cattle Expected to Remain Higher Friday Cattle futures came under pressure Thursday as traders did not like the export sales number at a marketing year low and down 97% from the previous week. Beef prices may be just too high. Hogs held their ground despite cash and cutout weakness. Robin Schmahl D...
5 Dec 2024
DTN Chart Technical Points 12/05 16:30 DTN FUTURES 10 12/05/24 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 546.75 539.75 538.72 542.90 565.41 52.21 47.15 44.66 64 46 19 17 CBTWT MAR 558.25 550.31 552.92 558.76 584.04 47.61 43.38 42.55 51 32 14 ...
5 Dec 2024
DTN Closing Livestock Comment 12/05 15:48 Northern Dressed Cattle Sell for $297, $2.00 Higher Heading into Friday's market, all eyes will be on the cash cattle market as more trade needs to develop ahead of the week's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Traders grew impatient waiting for the cash cattle market to trade cattl...
5 Dec 2024
DTN Midday Livestock Comments 12/05 11:47 Cattle Contracts Turn Lower While Waiting for Cash Cattle Trade to Develop Bids of $190 live and $297 dressed have surfaced, but still no cattle have traded at this point. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle markets are trading lower as traders impat...