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5 May 2021
DTN Early Word Livestock Comments 05/05 06:15 Cattle Unable to Find Support There will likely be follow-through pressure in cattle futures due to renewed liquidation Tuesday. Grain prices continue to increase. Pork is in demand with packers remaining aggressive. That may not change anytime soon. Robin Schmahl DTN Contributing Analyst Cattle: Steady...
4 May 2021
DTN Chart Technical Points 05/04 16:30 DTN FUTURES 10 5/04/21 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 MAY 737.00 735.63 729.06 688.75 655.29 70.70 69.69 63.53 41 44 76 80 CBTWT JUL 726.75 727.13 725.14 687.90 651.24 68.10 68.49 64.10 28 34 73 7...
4 May 2021
DTN Closing Livestock Comment 05/04 15:30 Cattle, Feeders Sink to New Lows as Corn Heats Up Rising corn prices continue to pressure both live cattle and feeder cattle lower Tuesday. Lean hogs held firm with back months continuing to achieve new highs. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: Early hopes for higher cattle prices in 2021 have ...
4 May 2021
DTN Midday Livestock Comments 05/04 11:46 Corn Strikes Higher, Sending Cattle Crumbling Lower With nearby corn futures posting a lofty $0.21 rally, cattle futures are back to their fully lower path. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex isn't having an ordinary Tuesday as cash cattle trade is already starting ...
4 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/04/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 547 WEEK TO DATE: 2,035 STEERS LIVE FOB 162 119.00-119.00 119.00-119.00 119.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 253 119.00-119.00 119.00-119.00 119.00 HEIFERS LIVE DELIVERED No reportab...