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RECENT NEWS
16 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/16/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,969 WEEK TO DATE: 2,077 STEERS LIVE FOB 1,180 182.00-182.00 182.00-182.00 182.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 581 180.00-182.00 180.00-182.00 181.19 HEIFERS LIVE DELIVERED No repo...
16 Jun 2023
DTN Early Word Livestock Comments 06/16 06:32 Feeder Might See Further Pressure Cattle struggled for much of Thursday with feeder cattle closing with triple-digit losses while live cattle were able to close in positive territory. Hogs spent much of the day higher but trimmed those gains, resulting in a mixed close. Robin Schmahl DTN Contributing An...
15 Jun 2023
DTN Chart Technical Points 06/15 16:30 DTN FUTURES 10 6/15/23 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 661.50 640.44 631.86 619.82 638.37 69.32 61.12 51.67 70 63 73 62 CBTWT SEP 672.75 652.00 643.64 632.32 650.21 68.68 60.80 51.62 69 62 72 6...
15 Jun 2023
DTN Closing Livestock Comment 06/15 15:58 Thursday's Gains in Outside Markets Rattled Livestock Markets Aggressive gains in grain, energy and stock markets left livestock traders generally on the sidelines, waiting to see the next steps in outside markets. Feeder cattle futures posted the most aggressive pressure, directly impacted by sharp gains i...
15 Jun 2023
DTN Midday Livestock Comments 06/15 11:45 Livestock Mixed as Feed Costs Keep Rising August contracts of live cattle and feeders are trading lower a second day, pressured by rising feed costs amid drought in the Midwest and by the Fed's latest comments. July lean hogs turned lower Thursday morning, while back months are trading higher. Todd Hultman ...