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DTN Cattle Prices/Trends 05/30 08:10

30 May 2024
DTN CATTLE PRICES/TRENDS 05/30 08:10 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED KANSAS . . . . . NEBRASKA . . . . . TEXAS . . . . . COLORADO . . . . . IOWA . . . . . *=PRIVATE SOURCES DTN COMMENTS: Yet another quiet start in cash cattle country this morning. Asking prices are around $189 to $191 in the South, but still not fully established in the North. Bids remain rather elusive. Having said all of that, packer inquiry should start to improve as the day progresses, significant trade volume may be delayed until Friday. Beef cutouts are expected to be mixed with light to moderate box movement. NOTE: Feedlots are encouraged to call DTN with any cattle sales, at 1-402-461-3561. All sales will be listed anonymously and organized by state. All live sales are FOB and set for 1-9-day delivery. A weekly summary from this data will be posted on the Weekly Cattle Sales Reported to DTN page and will be left up for the entire week for reference purposes.
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DTN Closing Livestock Comment 05/29 16:05

29 May 2024
DTN Closing Livestock Comment 05/29 16:05 Livestock Complex Lower Wednesday Between a lack of pork demand and the disappointing announcement from China about beef imports from the JBS plant in Greely, Colorado, the livestock complex endured plenty of pressure throughout the day. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a gloomy...

Judge Sorts Feeders and Fed Cattle

29 May 2024
OMAHA (DTN) -- A federal judge in Minnesota has ruled that a handful of cow-calf producers don't have standing to sue the country's largest packers over a drop in fed cattle prices in 2015. U.S. District Judge John Tunheim ruled against a group of cattle producers from Kansas, Missouri, Nebraska and Tennessee who had filed claims against Tyson Food...

DTN Chart Technical Points 05/29 16:30

29 May 2024
DTN Chart Technical Points 05/29 16:30 DTN FUTURES 10 5/29/24 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 JUL 692.75 697.06 686.89 669.79 616.50 64.49 65.48 62.71 51 61 82 84 CBTWT SEP 713.75 717.44 707.14 690.03 635.13 65.50 66.46 63.75 54 63 83 8...

China Bans JBS Beef From US Plant

29 May 2024
LINCOLN, Neb. (DTN) -- China has banned beef imports from JBS's Swift Beef Company plant in Greeley, Colorado, effective on May 27, 2024, after U.S. officials found traces of the feed additive ractopamine in meat from the plant set for export to China, according to information from USDA's Food Safety and Inspection Service. China also blocked meat ...
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