Market News
RECENT NEWS
3 Nov 2021
DTN Early Word Livestock Comments 11/03 06:13 Futures Adjust to Cash Cattle and hog futures moved in the opposite direction with a vengeance. The large drop in feeder cattle should have never taken place based on the movement Tuesday. Early cash cattle activity increased buying interest. Hogs continue to show weakness in cash, leaving traders guess...
2 Nov 2021
DTN Closing Livestock Comment 11/02 16:09 Feeder Cattle Take Tuesday With a Vengeance Heading into Wednesday's trade, feedlots know that they can at least demand $3 higher than last week's market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's been a powerful day for the cattle market as live cattle closed higher and saw phenomenal cas...
2 Nov 2021
DTN Chart Technical Points 11/02 16:30 DTN FUTURES 10 11/02/21 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 DEC 791.50 783.50 766.97 750.08 730.21 73.48 68.95 61.21 82 82 89 86 CBTWT MAR 803.50 795.69 779.31 762.63 742.10 73.85 69.29 61.57 82 82 90 ...
2 Nov 2021
DTN Closing Grain Comments 11/02 14:06 Corn, Winter Wheat Step Back Tuesday One day after all three U.S. wheats made new contract highs Monday, December Minneapolis wheat held steady, while the two winter wheat contracts pulled back. December soybean meal posted an unexpected gain of $8.10, continuing to reassert its value after five months of pers...
2 Nov 2021
DTN Midday Livestock Comments 11/02 11:41 Live Cattle and Feeder Cattle Come to Life Heading into Tuesday's afternoon trade, the cattle contracts are seeing excellent support both technically and fundamentally, hopefully this pushes the cash cattle market to demand $2.00 to $3.00 higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It's be...