Market News
RECENT NEWS
10 Aug 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/10/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,057 WEEK TO DATE: 1,057 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,057 186.00-186.00 186.00-186.00 186.00 HEIFERS LIVE DELIVERED No reportable trade NEBRAS...
10 Aug 2023
DTN Early Word Livestock Comments 08/10 06:24 Traders Anticipate Better Cash Cattle futures closed higher Wednesday while hogs suffered significant losses. Traders were looking for something to support cattle and they found it in weaker corn and the potential for cash. Hogs could not hold as weaker cutouts did not provide support. Robin Schmahl DTN...
9 Aug 2023
DTN Chart Technical Points 08/09 16:30 DTN FUTURES 10 8/09/23 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 SEP 635.00 645.44 652.33 683.24 675.61 38.58 42.20 45.76 45 32 12 15 CBTWT DEC 661.75 671.13 678.31 706.36 695.10 38.93 42.76 46.32 42 30 17 1...
9 Aug 2023
DTN Closing Livestock Comment 08/09 15:56 Traders Keep an Arm's Length From Hogs; Support Cattle The livestock complex saw mixed interest as traders warmed up to the idea that cash cattle prices could trade steady and supported both the live cattle and feeder cattle contracts, but denied supporting the hog complex. ShayLe Stewart DTN Livestock Anal...
9 Aug 2023
DTN Midday Livestock Comments 08/09 11:31 Weaker Corn Prices Lend Cattle Support The livestock complex remains mixed with cattle trading modestly higher thanks to cheaper corn while hogs remain cautious and trading lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts are trading higher into Wednesday's afternoon as che...