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9 Mar 2022
DTN Closing Livestock Comment 03/09 16:07 Losses Across the Livestock Board Heading into Thursday's market, cattle are praying for a strong showing and the hog market is anxious to see if China was a buyer again or not. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Wednesday's WASDE report was encouraging, but the market didn't seem to car...
9 Mar 2022
DTN Chart Technical Points 03/09 16:30 DTN FUTURES 10 3/09/22 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 MAR1199.501311.441151.78 986.92 857.66 61.74 64.19 64.49 68 85 88 91 CBTWT MAY1201.501247.751106.86 968.00 852.67 71.01 71.96 69.68 76 89 90 9...
9 Mar 2022
DTN Midday Livestock Comments 03/09 11:51 Wednesday's WASDE Report Focuses on Market Fundamentals With Wednesday's WASDE report sharing higher quarterly prices for cattle, feedlots are reminded that the market's fundamentals do indeed matter. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Coming in like a breath of fresh spring air, Wednesd...
9 Mar 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/09/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,937 WEEK TO DATE: 7,937 STEERS LIVE FOB 1,371 138.00-138.00 138.00-138.00 138.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,014 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE DELIVERED No re...
9 Mar 2022
DTN Early Word Livestock Comments 03/09 06:14 Further Follow-Through Livestock Strength Is Questionable Cattle futures continued to rebound Wednesday as they correct from being oversold. Futures were overdone to the downside and corrected even though cash traded lower Wednesday. Hogs rebounded substantially as a reaction to strong cash with technic...