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13 Oct 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/13/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,536 WEEK TO DATE: 9,772 STEERS LIVE FOB 6,438 123.00-124.00 123.00-124.00 123.93 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,991 124.00-124.00 124.00-124.00 124.00 HEIFERS LIVE DELIVERED No re...
13 Oct 2021
DTN Early Word Livestock Comments 10/13 06:43 Traders Grapple With Market Weakness Live cattle tried to hold near unchanged but succumbed to further pressure after some bearish numbers of beef production were seen on the WASDE report. Hogs were under pressure at the start and just did not look back. Robin Schmahl DTN Contributing Analyst Cattle: St...
12 Oct 2021
DTN Closing Livestock Comment 10/12 16:04 Market Pullback Continues in Hog Complex Tuesday Aggressive triple-digit losses have continued in lean hog futures as traders keep reversing late September gains based on expected inventory and production projections. September's rally has been nearly cut in half, creating concern that further losses are ye...
12 Oct 2021
DTN Chart Technical Points 10/12 16:30 DTN FUTURES 10 10/12/21 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 734.00 735.25 741.00 725.28 726.84 53.45 53.79 53.53 19 30 68 77 CBTWT MAR 747.25 748.69 753.53 737.13 738.61 54.39 54.53 54.09 20 32 71 ...
12 Oct 2021
DTN Midday Livestock Comments 10/12 12:15 Lean Hog Market Losses Continue Lean hog futures continue to back away from late-September gains with early October aggressively pulling back. Cattle futures are mixed in light trade Tuesday morning with traders adjusting expectations following the supply and demand report released late morning. By Rick Kme...