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RECENT NEWS
3 May 2023
DTN Closing Livestock Comment 05/03 15:33 A Swing and a Miss for Livestock Market Wednesday Heading into Thursday's market, all eyes will be eager to see what the week's export report shares as some positive news would be warmly welcomed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lousy day for most of the livestock complex. Th...
3 May 2023
DTN Midday Livestock Comments 05/03 11:32 Cattle Continue to Grind Lower Wednesday The lack of support in this week's cash cattle market has hindered the live cattle and feeder cattle contracts' ability to trade higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are being considerably pre...
3 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/03/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,050 WEEK TO DATE: 12,818 STEERS LIVE FOB 635 171.00-176.00 171.00-172.00 172.82 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 191 172.00-172.00 172.00-172.00 172.00 HEIFERS LIVE DELIVERED No repor...
3 May 2023
DTN Early Word Livestock Comments 05/03 06:16 Cattle May See Further Liquidation The pressure was on cattle futures again Tuesday with feeder cattle posting substantial losses. Early cash trade showed further weakness. Hogs held their own as futures consolidated despite higher cash Monday and a possible turn in trend. Robin Schmahl DTN Contributing...
2 May 2023
DTN Chart Technical Points 05/02 16:30 DTN FUTURES 10 5/02/23 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 MAY 595.50 608.44 630.31 655.89 678.08 18.80 24.45 32.26 8 9 3 5 CBTWT JUL 609.25 622.63 643.94 667.96 689.13 18.88 24.62 32.44 10 9 4 5 KC WT...