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5 Nov 2021
DTN Midday Livestock Comments 11/05 11:42 Mark $130 in the Books for Live Cattle The wait was well worth the reward for feedlots as this week the cash market was granted a $4.00 to $5.00 rally. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It's been a glorious day for the cattle market as cash cattle are trading $4.00 to $5.00 higher, and b...
5 Nov 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/05/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,776 WEEK TO DATE: 15,948 STEERS LIVE FOB 6,740 130.00-130.00 130.00-130.00 130.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,098 127.00-130.00 127.00-130.00 129.93 HEIFERS LIVE DELIVERED No r...
5 Nov 2021
DTN Early Word Livestock Comments 11/05 06:57 Cattle Trade Should Be Active The cattle complex turned tail, erasing most of the gains made on Wednesday. Traders became concerned over the possibility of futures overreacting to the possibility of higher cash than has already been posted this week. Hog futures reacted to a strong export sales number w...
4 Nov 2021
DTN Chart Technical Points 11/04 16:30 DTN FUTURES 10 11/04/21 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 DEC 773.75 785.88 773.36 755.03 732.84 58.17 59.27 57.19 53 70 80 86 CBTWT MAR 786.25 797.81 785.75 767.42 744.65 58.55 59.63 57.55 53 70 80 ...
4 Nov 2021
DTN Midday Livestock Comments 11/04 11:45 The Faceoff Continues Between Packers and Feedlots Heading into Thursday's afternoon, the market continues to wait to see how cash cattle will trade this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It's been a quiet morning throughout the cattle complex as all eyes are patiently waiting to s...