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27 Jun 2023
DTN Midday Livestock Comments 06/27 11:37 Cheaper Corn Drivers Feeders Sharply Higher The game of cat and mouse is continuing between the feeder cattle and corn markets as Tuesday's showcase of cheaper corn fuels feeders' ability to trade higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex is trading higher as cattleme...
27 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/27/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,202 WEEK TO DATE: 4,202 STEERS LIVE FOB 2,375 178.00-178.00 178.00-178.00 178.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,043 178.00-178.00 178.00-178.00 178.00 HEIFERS LIVE DELIVERED No re...
27 Jun 2023
DTN Early Word Livestock Comments 06/27 06:10 Lower Corn to Influence Cattle Futures Cattle struggled much of Monday, ending mixed as the impact of bearish placements on the Cattle on Feed report was digested. The uncertainty of cash weighed on the market as well. Hogs closed higher as cash and cutouts continue to perform well. Robin Schmahl DTN Co...
26 Jun 2023
DTN Chart Technical Points 06/26 16:30 DTN FUTURES 10 6/26/23 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 JUL 724.25 732.75 693.64 656.97 641.86 74.41 69.60 59.28 81 89 92 92 CBTWT SEP 738.25 746.44 706.44 669.63 654.13 74.66 69.85 59.61 81 90 92 9...
26 Jun 2023
DTN Midday Livestock Comments 06/26 11:33 Hogs Head Higher Midday Monday The lean hog complex is trading fully higher as the market grows anxious to see what Thursday's Quarterly Hogs and Pigs report shares. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex is trading mixed as cautious, hesitant tones dominate the sector. Th...