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12 Jul 2022
DTN Closing Livestock Comment 07/12 16:26 Feeders Fuel the Market The feeder cattle market jolted higher as the corn complex crashed lower and demand for feeder cattle continues to run aggressively throughout the countryside. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a dynamite day for the feeder cattle market, as the corn compl...
12 Jul 2022
DTN Chart Technical Points 07/12 16:30 DTN FUTURES 10 7/12/22 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 801.50 837.25 838.94 908.391039.17 30.87 31.28 37.25 58 53 15 9 CBTWT SEP 814.25 849.69 852.25 921.461049.25 30.93 31.41 37.38 49 48 17 10...
12 Jul 2022
DTN Midday Livestock Comments 07/12 11:50 Tuesday's Market Finds the Fundamental Support It Longed For Heading into Tuesday afternoon, the market is likely to keep its higher tone as fundamental support is solidifying into the markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex has found some of the fundamental sup...
12 Jul 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/12/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 114 WEEK TO DATE: 114 STEERS LIVE FOB No reportable live trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SA...
12 Jul 2022
DTN Early Word Livestock Comments 07/12 06:14 Follow-Through Strength Expected in Cattle Cattle found their legs Monday, even though corn closed higher. August rallied to reduce the discount it carried to cash along with hopes that cash will trade steady to higher. Hogs struggled throughout Monday, unable to break through chart resistance without s...