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13 Jan 2022
DTN Closing Livestock Comment 01/13 16:35 Time is Ticking Heading into Friday's trade, the market is hoping to round out the week with a higher close, but more than anything wants an answer as to when processing speeds are going to come back full bore. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the cattle and hog markets are seeing...
13 Jan 2022
DTN Chart Technical Points 01/13 16:30 DTN FUTURES 10 1/13/22 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 MAR 746.75 759.19 758.89 775.63 797.03 36.59 39.46 45.11 64 71 26 23 CBTWT MAY 749.00 761.50 761.78 778.92 801.37 35.88 38.78 44.68 62 68 25 2...
13 Jan 2022
DTN Midday Livestock Comments 01/13 11:56 Break in Corn Prices Sends Cattle Higher With the onset of weaker corn prices, the live cattle and feeder cattle contracts have seen a modest rally in their contracts. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts are delighted to see the corn market's regression, and both the ...
13 Jan 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/13/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 12,825 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES ...
13 Jan 2022
DTN Early Word Livestock Comments 01/13 06:06 Reduced Slaughter Limits Potential What was feared, came to fruition for live cattle with cash generally $2.00 lower Wednesday. Slower processing speeds leave packers less aggressive at a time when feedlots need to move cattle. Hog futures did an about face as the market corrected from the selling phase...