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25 May 2016
DTN Closing Livestock Comment 05/25 16:39 Meat Futures Score Moderate Benefit From Midweek Short-Covering For the most part, cattle contracts closed moderately higher, cautiously supported by short-covering and technical buying. Lean hog issues also settled with moderate gains thanks to midweek profit-taking and still decent odds for seasonal stren...
25 May 2016
DTN Closing Livestock Comment 05/25 16:39 Meat Futures Score Moderate Benefit From Midweek Short-Covering For the most part, cattle contracts closed moderately higher, cautiously supported by short-covering and technical buying. Lean hog issues also settled with moderate gains thanks to midweek profit-taking and still decent odds for seasonal stren...
25 May 2016
DTN Chart Technical Points 05/25 16:30 DTN FUTURES 10 5/25/16 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 466.00 464.94 471.08 468.96 474.34 44.63 45.89 47.48 21 18 25 31 CBTWT SEP 477.25 476.00 481.42 479.33 484.23 45.68 46.59 47.86 23 20 26 3...
25 May 2016
DTN Closing Grain Comments 05/25 13:51 Soymeal Back Above $400 July soybean meal closed up $18.30 Wednesday, reaching its first close above $400 in 17 months as commercial buyers can't seem to get enough. July soybeans were over 30 cents higher and July corn posted its highest close in seven months.
25 May 2016
DTN Midday Livestock Comments 05/25 12:12 Light Gains Hold in Cattle Trade Light activity is seen through the market as very narrow market shifts are developing midweek. This could keep prices hovering in a narrow range through the rest of the week. By Rick Kment DTN Analyst GENERAL COMMENTS: Livestock futures are lightly traded in a mixed market w...