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9 Jun 2023
DTN Midday Livestock Comments 06/09 11:32 Friday's WASDE Report Doesn't Bring Much New News to the Livestock Complex Heading into Friday afternoon, traders will continue to watch for more cash cattle trade to develop in the South as receipts are still light there. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trend...
9 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/09/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,239 WEEK TO DATE: 14,201 STEERS LIVE FOB 2,816 186.00-186.00 186.00-186.00 186.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,198 186.00-186.00 186.00-186.00 186.00 HEIFERS LIVE DELIVERED No r...
9 Jun 2023
DTN Early Word Livestock Comments 06/09 06:26 WASDE Report May Provide Direction Cattle futures tried to move higher Thursday but succumbed to further selling pressure in the end. This is surprising as cash cattle traded higher this week. Hogs put in somewhat of a quiet day with August closing its chart gap. Robin Schmahl DTN Contributing Analyst C...
8 Jun 2023
DTN Chart Technical Points 06/08 16:30 DTN FUTURES 10 6/08/23 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 626.25 623.69 613.97 617.51 643.98 53.60 49.51 45.13 58 69 53 41 CBTWT SEP 639.00 635.75 626.94 630.19 655.89 53.69 49.65 45.27 57 69 52 4...
8 Jun 2023
DTN Closing Livestock Comment 06/08 15:40 Southern Feedlots Remain Strong Thursday Some Southern trade developed at $185, but some feedlots continue to hold out for more money as their asking prices are firm at $186 to $190. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The futures complex struggled again throughout the day, and all three ...