Market News
RECENT NEWS
12 Jan 2022
DTN Closing Livestock Comment 01/12 16:12 Northern Dressed Cattle Trade $2 Softer Heading into Thursday's trade, the markets could really use a positive export report to help combat a downturn in spirit due to lousy processing speeds. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Technically speaking, the lean hog complex found some suppor...
12 Jan 2022
DTN Chart Technical Points 01/12 16:30 DTN FUTURES 10 1/12/22 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 757.75 762.13 761.56 777.19 798.00 41.38 42.58 46.83 78 64 26 21 CBTWT MAY 760.25 764.38 764.58 780.56 802.37 40.75 41.99 46.47 75 61 25 1...
12 Jan 2022
DTN Midday Livestock Comments 01/12 11:46 Cattle Bear Lower as Packers Push Cash Prices Lower The cattle complex is attempting to swim upstream, but the pressure of a weaker futures market and weaker cash cattle prices has sent both live cattle and feeder cattle contracts lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle comp...
12 Jan 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/12/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,629 WEEK TO DATE: 12,249 STEERS LIVE FOB 2,794 135.00-136.00 135.00-136.00 135.12 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 836 135.00-137.00 135.00-137.00 135.65 HEIFERS LIVE DELIVERED No rep...
12 Jan 2022
DTN Early Word Livestock Comments 01/12 06:15 Livestock Futures Hold Support The pressure on cattle futures finally stopped Tuesday, but not until new lows were made for the recent downtrend, as support was tested. The market was oversold and needed to correct. Hogs continued to show pressure on earlier months finishing out three days of liquidatio...