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19 Jul 2023
DTN Midday Livestock Comments 07/19 11:32 Corn's Continued Rally Keeps Cattle Contracts Lower There's a single bid of $291 being offered by an eastern regional packer in Nebraska, but otherwise the cash cattle market remains extremely quiet. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mostly lower as high...
19 Jul 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/19/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
19 Jul 2023
DTN Early Word Livestock Comments 07/19 06:14 Cash Cattle Trade Unlikely Live and feeder cattle futures diverged with growing optimism over cash cattle trade and pressure on feeders due to sharply higher corn prices. Hogs were mixed on spread trading and the uncertainty of cash. Robin Schmahl DTN Contributing Analyst Cattle: Higher Futures: Mixed L...
18 Jul 2023
DTN Chart Technical Points 07/18 16:30 DTN FUTURES 10 7/18/23 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 670.75 656.44 652.53 672.97 655.84 53.73 52.02 50.32 67 56 18 15 CBTWT DEC 690.50 676.13 671.25 690.94 673.44 54.48 52.57 50.65 69 59 19 1...
18 Jul 2023
DTN Closing Livestock Comment 07/18 15:48 Live Cattle Keep Momentum While Hogs and Feeders Close Mostly Lower Heading into Wednesday's market, keeping an eye on the cash cattle complex will be vital, as packer interest could increase. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Tuesday was a mixed day for the livestock complex as both th...