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11 Jan 2017
DTN Closing Livestock Comment 01/11 16:55 Light Erosion Develops in Cattle Futures Midweek Nearby and deferred contracts slowly eroded through the complex Wednesday as traders continued to focus on squaring positions after early week aggressive gains. The lack of support in the cattle market continued despite a midday attempt to stabilize market pr...
11 Jan 2017
DTN Chart Technical Points 01/11 16:30 DTN FUTURES 10 1/11/17 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 MAR 418.75 424.00 417.78 410.43 413.90 54.57 53.59 50.35 81 87 90 83 CBTWT MAY 432.25 436.69 429.86 422.79 426.76 56.36 54.63 50.61 83 89 90 8...
11 Jan 2017
DTN Midday Livestock Comments 01/11 11:59 Cattle Futures Slip Lower on Weaker Beef Values Strong pressure in beef values Wednesday morning have quickly limited buyer support across the cattle market. There continue to be expectations of strong cash market support through the end of the week, but lack of follow through in wholesale beef prices may l...
11 Jan 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/11/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 367 WEEK T0 DATE: 367 STEERS 230 119.00-119.25 119.00-119.25 119.12 HEIFERS 137 120.00-120.00 120.00-120.00 120.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 3,486 WEEK TO DATE: 3,486 STEERS 694 119.00-119.00 119.00...
11 Jan 2017
DTN Early Word Opening Livestock 01/11 05:57 Red Hot Cattle Futures Staged For Firm Opening Expect the cattle complex to open with follow-through strength thanks to technical buying and rising cash prospects. Lean hog contracts should also start out moderately higher, supported by higher country sales and spillover support from cattle futures. By J...