Market News
RECENT NEWS
8 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/08/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 2,227 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES -...
8 Feb 2023
DTN Early Word Livestock Comments 02/08 06:05 WASDE Report May Influence Direction Live cattle spent some time in positive territory Tuesday but could not hold those slight gains. Feeder cattle followed a similar pattern, unable to penetrate technical resistance. Hogs were very negative for a time but managed to close in positive territory. Robin S...
7 Feb 2023
DTN Chart Technical Points 02/07 16:30 DTN FUTURES 10 2/07/23 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 MAR 749.75 754.44 754.86 747.01 751.68 48.61 48.04 46.00 28 43 67 61 CBTWT MAY 761.25 765.88 765.08 756.04 760.44 50.57 49.25 46.34 31 48 70 6...
7 Feb 2023
DTN Closing Livestock Comment 02/07 15:37 Sideways Tones Sum Up the Cattle Complex Tuesday It was an uneventful day for the livestock complex as the cattle contracts merely chopped sideways and as the lean hog complex rallied mildly. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Both the live cattle and feeder cattle markets closed lower af...
7 Feb 2023
DTN Midday Livestock Comments 02/07 11:38 Cattle Contracts Pause and Look for Follow-Through Support Heading into Tuesday's afternoon, traders will continue to look for support in the market's fundamentals in order to validate stronger trade throughout the futures complex. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex...