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RECENT NEWS
11 Aug 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/11/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 8,431 WEEK TO DATE: 8,431 STEERS LIVE FOB 5,829 121.00-121.00 121.00-121.00 121.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,601 121.00-121.00 121.00-121.00 121.00 HEIFERS LIVE DELIVERED No re...
11 Aug 2021
DTN Early Word Livestock Comments 08/11 06:26 Hogs Are Due for a Bounce Cattle were the recipient of hope for higher cash this week while hogs suffered continued liquidation for the opposite reason. Hog futures are oversold while cattle remain in a sideways trading range. Robin Schmahl DTN Contributing Analyst Cattle: Higher Futures: Higher Live Eq...
10 Aug 2021
DTN Chart Technical Points 08/10 16:30 DTN FUTURES 10 8/10/21 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 SEP 727.00 717.50 716.69 703.79 675.51 64.77 62.04 57.23 38 39 82 86 CBTWT DEC 739.50 730.81 728.08 713.94 683.91 66.38 63.45 58.21 45 47 84 8...
10 Aug 2021
DTN Closing Livestock Comment 08/10 15:44 Hog Futures Hold Above Summer Lows, for Now Mixed trade developed Tuesday as follow-through pressure in lean hog futures left traders concerned of further weakness, while live cattle futures etched out firm late day gains based on continued strength in boxed beef values. The direction of meat prices in both...
10 Aug 2021
DTN Midday Livestock Comments 08/10 11:41 Increased Beef Values Draw Cattle Gains Tuesday Nearby live cattle trade has bounced higher Tuesday morning as spillover support from surging boxed beef values has been hard to ignore from a futures market standpoint. Hog futures remain under additional pressure as nearby contracts continue to test summer l...