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13 May 2021
DTN Chart Technical Points 05/13 16:30 DTN FUTURES 10 5/13/21 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 MAY 726.50 745.88 748.83 731.75 670.74 48.87 54.34 56.94 30 45 84 87 CBTWT JUL 701.50 725.88 734.19 723.64 665.58 42.91 49.60 54.53 24 36 72 8...
13 May 2021
DTN Midday Livestock Comments 05/13 11:37 Pressure is Building Even Though Corn Trades Lower One would have thought the 40-cent decline in corn futures would have sent feeder cattle contracts through the roof; instead the contracts are trading fully lower as well. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Seeming to want to better unde...
13 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/13/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,160 WEEK TO DATE: 8,734 STEERS LIVE FOB 971 119.00-119.00 119.00-119.00 119.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 189 119.00-119.00 119.00-119.00 119.00 HEIFERS LIVE DELIVERED No report...
13 May 2021
DTN Early Word Livestock Comments 05/13 06:33 Strength in Futures to Continue Most of the livestock complex was able to close higher Tuesday. The hope is that the trend will continue. Export sales reports will have an influence on some trading activity and price direction Wednesday. Lower grain futures may provide some support. Robin Schmahl DTN Co...
12 May 2021
DTN Closing Livestock Comment 05/12 16:11 Weaker Corn Favors the Cattle Contracts It was another good day for the cattle contracts as the bearish demeanor in the corn market allowed for both the live cattle and feeder cattle contracts to close higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts relished Wednesday's w...