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17 May 2018
DTN Closing Livestock Comment 05/17 16:14 Cattle Futures Finally Bounce Higher After Three Sessions of Sharp Losses The cattle complex closed higher thanks to short-covering and the correction of oversold charts. Lean hog futures settled mixed as late-summer issues lost ground on both spot June and deferreds. By John Harrington DTN Livestock Analys...
17 May 2018
DTN Chart Technical Points 05/17 16:30 DTN FUTURES 10 5/17/18 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 497.50 494.13 502.03 506.68 491.19 45.64 48.56 50.98 34 21 38 46 CBTWT SEP 513.50 510.38 518.64 523.00 508.04 44.85 48.12 50.94 32 20 37 4...
17 May 2018
DTN Midday Livestock Comments 05/17 12:16 Oversold Cattle Futures Bounce Higher at Midday Live and feeder contracts are solidly higher at midday, supported by short covering and the correction of oversold charts. Lean hog futures are mixed with late summer issues losing ground to both spot June and far deferreds. By John Harrington DTN Analyst GENE...
17 May 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/17/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,229 WEEK T0 DATE: 19,293 STEERS 308 112.00-112.00 112.00-112.00 112.00 HEIFERS 856 112.00-114.00 112.00-114.00 113.01 NEBRASKA CONFIRMED CASH SALES - TODAY: 7,342 WEEK TO DATE: 33,652 STEERS 180 176.00-176.00 ...
17 May 2018
DTN Early Word Opening Livestock 05/17 06:26 Meat Futures Staged for Uneven Prices on Opening The cattle complex should open on a mixed basis thanks to a combo of residual selling and short covering. Lean hog issues are set to also begin with uneven price action tied to light bull speading and profit takings. By John Harrington DTN Analyst Cattle: ...