Market News
RECENT NEWS
7 Jul 2021
DTN Early Word Livestock Comments 07/07 06:27 Mixed Fundamentals Makes for Uncertainty Live cattle futures are expected to remain sideways Wednesday with little fundamental reason to push higher. The market was not tested Tuesday, leaving traders guessing as to market strength. Hogs may trade mixed to begin the day until there is some underlying ma...
6 Jul 2021
DTN Closing Livestock Comment 07/06 16:15 Feeder Cattle Score $3 Rally The wet weather forecast for much of the Midwest has corn producers on edge, while cow-calf producers are gaining hope that this year's market could be favorable. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock market's biggest development Tuesday was sharp ...
6 Jul 2021
DTN Chart Technical Points 07/06 16:30 DTN FUTURES 10 7/06/21 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 JUL 620.00 648.94 647.89 656.03 681.09 34.72 37.77 43.05 31 50 27 24 CBTWT SEP 626.00 655.94 653.11 660.72 684.31 35.18 38.13 43.31 31 50 31 2...
6 Jul 2021
DTN Midday Livestock Comments 07/06 11:56 Feeders Rally Amid the Corn Market's Deterioration The live cattle and lean hogs contracts would like to dive into the new week with optimism, but first the market needs to find some essence of fundamental support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The feeder cattle contracts are rallyi...
6 Jul 2021
DTN Early Word Livestock Comments 07/06 09:09 Trader Uncertainty to Begin the Week Cattle futures being unable to hold through the end of last week is partially blamed on the disruption to the July Fourth holiday falling on the weekend. However, continued pressure on boxed beef may indicate demand is slowing. Hog futures may have a slow beginning t...