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2 May 2018
DTN Closing Livestock Comment 05/02 16:27 Livestock Futures Slip in Late-Day Trade A lack of volume from early buyer support caused nearby livestock contracts to erode late Wednesday. Feeder cattle futures were able to hang onto higher prices, but markets remained well below session highs due to limited buyer interest late in the day. By Rick Kment...
2 May 2018
DTN Chart Technical Points 05/02 16:30 DTN FUTURES 10 5/02/18 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 525.75 515.88 491.97 485.10 478.36 73.77 68.68 61.63 93 93 92 79 CBTWT JUL 526.75 516.25 498.83 496.46 492.62 70.07 65.26 59.38 91 88 84 6...
2 May 2018
DTN Midday Livestock Comments 05/02 12:17 Firm Pressure Develops in Hog Trade Early gains in cattle trade have held through most of the morning, but are starting to fade. There remains uncertainty as to just how much support will redevelop late in the session. By Rick Kment DTN Analyst GENERAL COMMENTS: Livestock futures are mixed as early buyer su...
2 May 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 413 WEEK T0 DATE: 914 STEERS 86 122.50-122.50 122.50-122.50 122.50 HEIFERS 327 122.25-122.50 122.25-122.50 122.37 NEBRASKA CONFIRMED CASH SALES - TODAY: 2,946 WEEK TO DATE: 6,325 STEERS 1,638 188.00-195.00 188.0...
2 May 2018
DTN Early Word Opening Livestock 05/02 06:10 Meat Futures Set for Mixed Opening at Midweek The cattle complex should open with mixed prices thanks to both short covering and follow-through selling. Lean hog contracts also seem likely to open with uneven action that probably favors nearbys more than deferreds. By John Harrington DTN Analyst Cattle: ...