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12 May 2023
DTN Chart Technical Points 05/12 16:30 DTN FUTURES 10 5/12/23 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 624.50 624.38 626.53 633.21 666.08 43.54 41.93 40.61 16 39 28 32 CBTWT JUL 635.00 636.75 639.47 646.35 677.88 41.98 40.99 40.30 18 38 32 3...
12 May 2023
DTN Closing Livestock Comment 05/12 15:24 Higher Tones Creep into the Livestock Complex Ahead of Closing Throughout Friday's afternoon the livestock complex grew stronger and ultimately closed mostly higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: By Friday's end, the livestock complex had turned mostly higher allowing all three of t...
12 May 2023
DTN Midday Livestock Comments 05/12 11:39 Friday's WASDE Report Helps Send Cattle Higher But Leaves Hogs Mostly Empty Handed The livestock complex will likely close with the mixed tones that are currently seen in the market as the hog complex continues to come up short of much-needed support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: T...
12 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/12/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 155 WEEK TO DATE: 11,761 STEERS LIVE FOB 155 170.00-170.00 170.00-170.00 170.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA ...
12 May 2023
DTN Early Word Livestock Comments 05/12 06:28 Hog Trade May Show Uncertainty Live cattle could not close in positive territory as lower cash trade left traders unwilling to support the market. Feeder cattle were mostly higher in response to lower corn prices. Hogs were lower in most contracts with the most pressure put on later contracts. Robin Sch...