Market News
RECENT NEWS
13 Apr 2021
DTN Early Word Livestock Comments 04/13 06:31 Traders May Buy the Break Lower cattle futures were not a surprise Monday, but the decline of hog futures was. Overall fundamentals in both markets remain bullish, but prices cannot go up forever without a correction. As long as support holds, the trend remains up.
12 Apr 2021
DTN Closing Livestock Comment 04/12 16:09 Livestock Contracts Lack Technical Support It was a mixed day for the livestock contracts as the markets aspired to trade higher, but for the live cattle and lean hog contracts it was a day of unmet wishes. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex a...
12 Apr 2021
DTN Chart Technical Points 04/12 16:30 DTN FUTURES 10 4/12/21 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 628.00 627.94 619.56 622.38 641.78 51.68 49.04 48.71 72 72 53 39 CBTWT JUL 631.25 629.56 618.94 618.68 633.69 56.95 53.18 51.05 79 77 61 4...
12 Apr 2021
DTN Closing Grain Comments 04/12 14:07 Soybean Oil Drags Soybeans, Grains Lower Monday May soybean oil closed down 1.40 cent at 51.45 cents Monday after Brazil announced it was lowering its biodiesel mandate from 13% to 10% on Friday in an effort to provide relief from high soybean prices. July Minneapolis wheat closed down 11 cents, ending its fiv...
12 Apr 2021
DTN Midday Livestock Comments 04/12 11:46 Livestock Contracts Meet Monday With Indecisiveness It's been a wishy-washy Monday as traders want to see strong fundamental support before they move contracts any higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's been a back-and-forth day already for livestock futures as traders are waiti...