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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...
7 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/07/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,774 WEEK TO DATE: 1,774 STEERS LIVE FOB 1,238 159.00-159.00 159.00-159.00 159.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 536 159.00-159.00 159.00-159.00 159.00 HEIFERS LIVE DELIVERED No repo...
7 Feb 2023
DTN Early Word Livestock Comments 02/07 06:04 Hog Futures Search for Support Cattle futures closed Monday on another positive note. Live cattle were carried higher on the expectations for higher cash prices again this week. Feeder cattle pushed higher, nearing chart resistance. Hogs came under severe pressure and struggling cutouts are not helping....
6 Feb 2023
DTN Chart Technical Points 02/06 16:30 DTN FUTURES 10 2/06/23 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 750.25 756.94 753.92 746.47 752.42 49.07 48.29 45.92 42 59 67 57 CBTWT MAY 762.00 768.19 763.72 755.32 761.19 51.33 49.64 46.31 47 64 70 6...
6 Feb 2023
DTN Closing Livestock Comment 02/06 15:43 Cattle Charge Higher Through Monday's Market Heading into Tuesday's market, the lean hog complex is hoping to find some support, and the cattle complex hopes to keep with its upward trend. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Both the live cattle and feeder cattle markets flourished through...