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RECENT NEWS
9 May 2018
DTN Closing Livestock Comment 05/09 16:26 Cattle Futures Slump Lower Thanks to Long Liquidation, Fear of Topping Beef Live and feeder cattle closed moderately lower after an opening rally failed to hold. By John Harrington DTN Livestock Analyst GENERAL COMMENTS The cash cattle market remained slow to start at midweek with only scattered bids (e.g.,...
9 May 2018
DTN Chart Technical Points 05/09 16:30 DTN FUTURES 10 5/09/18 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 MAY 514.50 518.44 519.75 495.69 480.31 57.30 58.35 57.18 15 40 79 88 CBTWT JUL 510.50 515.69 518.42 501.71 492.75 52.24 53.95 54.19 18 40 74 8...
9 May 2018
DTN Midday Livestock Comments 05/09 12:12 Livestock Futures Weaken Midday Wednesday Early market gains seen in livestock futures has eroded as more volume moved into the market. This could add even more volatility to the entire complex through the rest of the week. By Rick Kment DTN Analyst GENERAL COMMENTS: Early support in livestock trade has ero...
9 May 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/09/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,268 WEEK TO DATE: 5,250 STEERS 567 192.00-193.00 192.00-193.00 192.35 HEIFERS 170 188.00-188.00 1...
9 May 2018
DTN Early Word Opening Livestock 05/09 06:17 Meat Futures Staged to Open Moderately Higher at Midweek The cattle complex should open moderately higher, supported by follow-through buying and cash premiums. Look for lean hog contracts you also open with a firm undertone thanks to residual buying and stronger cash sales. By John Harrington DTN Analys...