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16 Dec 2021
DTN Closing Livestock Comment 12/16 16:14 Steer Carcass Weights Hit a New High for the Year Thursday's support centered around the market's strong beef and pork export report, which then led to a rally in the futures contracts as well. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Upon seeing Thursday's bullish export report, both the live...
16 Dec 2021
DTN Chart Technical Points 12/16 16:30 DTN FUTURES 10 12/16/21 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 770.50 775.56 785.94 805.99 795.91 38.49 41.81 47.81 32 36 14 15 CBTWT MAY 775.00 780.94 791.19 811.44 800.33 37.60 41.28 47.72 32 36 14 ...
16 Dec 2021
DTN Midday Livestock Comments 12/16 11:41 Strong Exports Help Live Cattle, Lean Hog Contracts While the feeder cattle contracts would like to rally too, the market isn't able to move higher alongside the live cattle and lean hog contracts amid higher corn prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The week's doggish attitude is ...
16 Dec 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/16/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,001 WEEK TO DATE: 5,720 STEERS LIVE FOB 754 136.00-136.00 136.00-136.00 136.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA...
16 Dec 2021
DTN Early Word Livestock Comments 12/16 06:32 Cattle May Trend Lower The selling pressure from cattle spilled over into hogs even though cash moved in opposite directions. The fear of lower cash cattle came to fruition with prices falling more than anticipated. Hogs saw three consecutive days of stronger cash. Robin Schmahl DTN Contributing Analyst...