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2 May 2023
DTN Closing Livestock Comment 05/02 15:41 Cash Cattle Prices Drift Lower for Third Week in a Row Heading into Wednesday's market, cattlemen are hoping that cash prices don't soften any more. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a heavy, burdensome day for the cattle complex as the onset of cheaper cash cattle trade sent the...
2 May 2023
DTN Midday Livestock Comments 05/02 11:25 Light Livestock Trade Begins to Develop in the South The thin movement of cattle traded in the South Tuesday morning has the cattle complex on edge heading into Tuesday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts are trading lower as traders react to the onset of...
2 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,053 WEEK TO DATE: 10,053 STEERS LIVE FOB 4,742 170.00-172.00 170.00-172.00 171.89 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,790 172.00-172.00 172.00-172.00 172.00 HEIFERS LIVE DELIVERED No ...
2 May 2023
DTN Early Word Livestock Comments 05/02 06:11 Mixed Trade Over Cash Uncertainty Cattle were under pressure Monday as concern mounted over ongoing demand. Lower cash last week may be difficult to overcome. Hogs took a breather, even though cash was strong to begin the week. A sell-the-rally mentality was evident. Robin Schmahl DTN Contributing Analy...
1 May 2023
DTN Chart Technical Points 05/01 16:30 DTN FUTURES 10 5/01/23 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 603.75 616.38 639.89 660.69 680.63 20.69 26.04 33.20 10 8 5 7 CBTWT JUL 618.25 630.81 653.22 672.71 691.54 21.01 26.42 33.51 10 9 5 7 KC W...