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RECENT NEWS
21 Jun 2023
DTN Midday Livestock Comments 06/21 11:34 Higher Corn Prices Takes Wind Out of Feeder Cattle Market Heading into Wednesday's afternoon, we will continue to watch for cash cattle bids that could develop, as well as any changes in the corn complex as corn prices continue to gravely affect feeders. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS...
21 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/21/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,227 WEEK TO DATE: 14,528 STEERS LIVE FOB 1,159 178.00-182.00 178.00-182.00 179.39 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 800 186.00-186.00 186.00-186.00 186.00 HEIFERS LIVE DELIVERED No rep...
21 Jun 2023
DTN Early Word Livestock Comments 06/21 06:14 Cattle Futures May See Further Pressure Cattle faced some headwinds Tuesday resulting in triple-digit losses. The pressure seems to be more than just a price correction in an overbought market. Hogs pushed higher with July leading the charge. Packers continued to bid up for hogs. Robin Schmahl DTN Contr...
20 Jun 2023
DTN Chart Technical Points 06/20 16:30 DTN FUTURES 10 6/20/23 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 695.75 668.88 646.53 628.44 638.71 78.38 69.06 56.78 91 80 86 73 CBTWT SEP 708.75 681.06 658.53 641.04 650.69 78.19 69.10 57.00 91 80 86 7...
20 Jun 2023
DTN Closing Livestock Comment 06/20 15:30 Cattle Remain Hesitant While Hogs Flourish The cattle complex saw far less interest throughout the day than hoped for, but the lean hog contracts continued to scale higher, rallying on the strong support from the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the ...