Market News
RECENT NEWS
9 May 2016
DTN Early Word Opening Livestock 05/09 05:57 Cattle Futures Ripe to Open With Sharp Gains Look for cattle futures to open Monday significantly higher, powered by aggressive feedlot spending in feedlot country. Lean hog contracts seem likely to open moderately higher, supported by spillover buying from the cattle complex and early-week short-coverin...
6 May 2016
DTN Closing Livestock Comment 05/06 15:56 Cattle Futures Crown Recovery Week With Higher Closes The cattle complex closed significantly higher, especially nearby live futures. On the other hand, lean hog contracts closed mostly lower with June losing ground to both spot May and deferreds. By John Harrington DTN Livestock Analyst GENERAL COMMENTS: F...
6 May 2016
DTN Chart Technical Points 05/06 16:30 DTN FUTURES 10 5/06/16 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 MAY 453.25 456.63 467.89 471.63 468.89 36.14 41.16 45.05 3 8 22 35 CBTWT JUL 463.75 467.25 478.00 480.36 476.58 37.52 42.28 45.85 7 12 28 40 K...
6 May 2016
DTN Closing Grain Comments 05/06 13:53 Soybeans Swing Higher In Volatile Week July soybeans erased Thursday's big loss and ended a nickel higher on the week, accompanied by end-of-the-week buying in both, meal and bean oil. Corn prices benefited modestly from soybeans' bullish influence and even wheat was a little higher with possible profit-taking...
6 May 2016
DTN Midday Livestock Comments 05/06 12:16 Spot June Live Leads Midday Cattle Rally The cattle complex at midday is higher in the live market and mixed in the feeder trade. Conversely, lean hog futures are under pressure tied to sharply lower carcass value and late-week long liquidation. By John Harrington DTN Livestock Analyst GENERAL COMMENTS: The...