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13 Oct 2021
DTN Closing Livestock Comment 10/13 16:11 Market Pullback Developing in Cattle Trade Wednesday Moderate to active pressure developed in cattle futures Wednesday, following triple-digit losses seen in deferred live cattle and feeder cattle trade. Traders continue to adjust positions following changes in supply and demand estimates, curbing previous ...
13 Oct 2021
DTN Chart Technical Points 10/13 16:30 DTN FUTURES 10 10/13/21 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 718.75 729.63 740.25 725.83 726.38 42.40 46.83 50.43 21 21 60 72 CBTWT MAR 731.75 742.94 753.00 737.79 738.22 42.77 47.25 50.86 22 22 63 ...
13 Oct 2021
DTN Midday Livestock Comments 10/13 12:02 Pressure Develops Across Livestock Markets Livestock futures are seeing moderate to firm losses in nearly all contract months Wednesday morning. Continued downward pressure in lean hog futures is not unexpected, but cattle markets appear to be making abrupt adjustments to gains seen over the last week as la...
13 Oct 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/13/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,536 WEEK TO DATE: 9,772 STEERS LIVE FOB 6,438 123.00-124.00 123.00-124.00 123.93 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,991 124.00-124.00 124.00-124.00 124.00 HEIFERS LIVE DELIVERED No re...
13 Oct 2021
DTN Early Word Livestock Comments 10/13 06:43 Traders Grapple With Market Weakness Live cattle tried to hold near unchanged but succumbed to further pressure after some bearish numbers of beef production were seen on the WASDE report. Hogs were under pressure at the start and just did not look back. Robin Schmahl DTN Contributing Analyst Cattle: St...