Market News
RECENT NEWS
30 Oct 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/30/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,017 WEEK TO DATE: 6,047 STEERS LIVE FOB 2,381 190.00-190.00 190.00-190.00 190.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 889 189.00-190.00 189.00-190.00 189.90 HEIFERS LIVE DELIVERED No repo...
30 Oct 2024
DTN Early Word Livestock Comments 10/30 06:19 Cattle Contracts May See Further Pressure Wednesday Cattle futures closed lower Tuesday and hog futures closed higher. There was little fundamental reason for cattle to be under pressure other than the weakness of boxed beef. Hogs continue to enjoy good demand and packer aggressiveness. Robin Schmahl DT...
29 Oct 2024
DTN Chart Technical Points 10/29 16:30 DTN FUTURES 10 10/29/24 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 570.50 569.94 574.31 583.18 578.64 43.54 45.35 47.70 22 29 16 17 CBTWT MAR 590.50 590.00 594.31 604.44 599.03 42.79 44.86 47.53 22 28 14 ...
29 Oct 2024
DTN Closing Livestock Comment 10/29 16:02 Cattle Dive Lower as Traders Worry About the Market Being Overbought Tuesday was tough on the cattle complex, and Wednesday's market could likely see continued pressure as traders will need something to develop fundamentally before they'll likely be confident in the market again. ShayLe Stewart DTN Livestoc...
29 Oct 2024
DTN Midday Livestock Comments 10/29 11:33 Lackadaisical Tones Send Cattle Lower, But Hogs Continue to Trade Higher With boxed beef prices lower and no cash cattle trade having developed yet, both the live cattle and feeder cattle markets are trading lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed...