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RECENT NEWS
8 Jun 2023
DTN Midday Livestock Comments 06/08 11:44 Southern Feedlots Hold Out for More Money The livestock market is trying to patiently wait to see what happens in the South Thursday afternoon as feedlots are making packers pay up for cattle. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cash cattle market continues to be where the cattle mark...
8 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/08/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,580 WEEK TO DATE: 4,497 STEERS LIVE FOB 747 184.00-188.00 188.00-188.00 185.22 STEERS LIVE DELIVERED 796 189.00-191.00 189.00-191.00 189.67 HEIFERS LIVE FOB 869 184.00-188.00 184.00-188.00 184.48 HEIFERS LIVE ...
8 Jun 2023
DTN Early Word Livestock Comments 06/08 06:21 A Crazy Market Cash cattle trade made another large jump Wednesday, but traders were having none of it. Liquidation ran rampant across the cattle complex as sellers were aggressive. Hogs showed weakness, partly from spillover pressure, but also in reaction to lower cutouts Tuesday. Robin Schmahl DTN Con...
7 Jun 2023
DTN Chart Technical Points 06/07 16:30 DTN FUTURES 10 6/07/23 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 616.75 621.88 611.53 618.00 645.71 48.25 46.03 43.48 68 79 49 35 CBTWT SEP 627.75 634.06 624.53 630.67 657.62 47.30 45.49 43.25 67 79 49 3...
7 Jun 2023
DTN Closing Livestock Comment 06/07 15:23 Northern Feedlots Secure Higher Cash Prices While Futures Choke The livestock contracts closed lower as traders weren't able to collectively focus on the market's fundamentals to offset the technical pressure. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a bewildering day for the livestock ...