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DTN Closing Livestock Comment 04/24 16:13

DTN Closing Livestock Comment 04/24 16:13
24 Apr 2024
DTN Closing Livestock Comment 04/24 16:13 HPAI News Scares the Cattle Complex Lower Traders again sent the cattle contracts trading lower as they reacted negatively to the announcement that traces of the HPAI virus had been found in milk despite the CDC still stating that risk to humans remains low. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex fell victim to yet another day of lower closes thanks to more developments seen in the HPAI virus story. A little cash cattle trade was reported in the South at $182, which is steady with last week's weighted average. Hog prices closed lower on the Daily Direct Afternoon hog report, down $0.36 with a weighted average of $91.49 on 4,288 hogs. May corn closed down 5 1/4 at $4.378 and July soybean meal closed up $3.10 at $349.2. The Dow Jones Industrial Average is down 42.77 at 38,460.92.
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DTN Early Word Livestock Comments 04/19 06:13

DTN Early Word Livestock Comments 04/19 06:13

19 Apr 2024
DTN Early Word Livestock Comments 04/19 06:13 Choppy Trade Ahead of Cattle on Feed Report Cattle futures held up surprisingly well despite the further weakness of boxed beef and the upcoming Cattle on Feed report this afternoon. Hogs closed mostly lower on Thursday but held up surprisingly well with earlier pressure subsiding into the close. Robin ...
DTN Early Word Grains 04/19 05:52

DTN Early Word Grains 04/19 05:52

19 Apr 2024
DTN Early Word Grains 04/19 05:52 Grain Markets Higher Friday Morning on Geopolitical Concerns, EPA Decision on E15 May corn is up 3 1/2 cents per bushel, May soybeans are up 2 3/4 cents, July KC wheat is up 1 1/4 cents, July Chicago wheat is up 6 1/4 cents and July Minneapolis wheat is up 5 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNIN...

DTN Chart Technical Points 04/18 16:30

18 Apr 2024
DTN Chart Technical Points 04/18 16:30 DTN FUTURES 10 4/18/24 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 536.75 543.81 551.67 552.94 555.32 34.49 39.58 42.86 13 21 33 50 CBTWT JUL 553.00 559.38 566.72 568.28 566.19 36.08 40.92 43.78 14 22 34 5...
DTN Closing Livestock Comment 04/18 15:52

DTN Closing Livestock Comment 04/18 15:52

18 Apr 2024
DTN Closing Livestock Comment 04/18 15:52 Hog Price Down, Cattle See Support Through Thursday Heading into Friday's trade, be prepared for the afternoon's Cattle on Feed report and watch for any cash cattle trade that develops. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed as traders were willing to advan...
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