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22 Oct 2021
DTN Closing Livestock Comment 10/22 16:28 Feedlot Placements Below Expected Levels The biggest surprise in the Oct. 1 USDA Cattle on Feed report was lower-than-expected cattle placements in September. Total placements are 97% of year-ago levels, not only well below the 101.4% expected, but well below the entire estimated range. Markets leading up t...
22 Oct 2021
DTN Chart Technical Points 10/22 16:30 DTN FUTURES 10 10/22/21 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 756.00 745.63 736.69 737.53 723.75 65.14 61.22 56.71 83 80 70 62 CBTWT MAR 767.50 757.69 749.08 749.92 735.72 65.02 61.23 56.91 84 81 72 ...
22 Oct 2021
DTN Midday Livestock Comments 10/22 12:01 Feeder Cattle Losses Headline Livestock Trade Friday Triple-digit losses in feeder cattle futures Friday morning sparked questions of underlying support. Traders are still trying to adjust to potential shifts in the upcoming Cattle on Feed report with cattle placements a major focus. Hog futures are holding...
22 Oct 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/23/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 160 WEEK TO DATE: 10,067 STEERS LIVE FOB 160 124.00-124.00 124.00-124.00 124.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA ...
22 Oct 2021
DTN Early Word Livestock Comments 10/22 06:52 Further Positioning Expected Ahead of the Report Pressure moved through much of the livestock complex Thursday. Cattle were the recipients of traders positioning themselves ahead of the Cattle on Feed report. The selling in hogs was the result of little underlying support and sell stops being triggered....