Market News
RECENT NEWS
25 May 2021
DTN Midday Livestock Comments 05/25 11:48 Lower Corn Prices Help Feeder Cattle Futures Feeder cattle futures have searched for support, but with corn prices high and cash cattle prices low the market has had little hope at trading higher. Thankfully Tuesday's lower trending corn market has shot a spark in the market and given feeder cattle contract...
25 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/25/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,996 WEEK TO DATE: 5,996 STEERS LIVE FOB 2,019 119.00-120.00 119.00-120.00 119.61 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 119.37 119.00-120.00 119.00-120.00 119.37 HEIFERS LIVE DELIVERED No r...
25 May 2021
DTN Early Word Livestock Comments 05/25 06:23 Inventory Report Provides Little Direction Live cattle futures were lower Monday but held well considering the Cattle on Feed report released Friday. With Memorial Day nearly upon us, there is concern beef demand may slow thereafter. Hogs were lower Monday with some spread trading, but strong cash and h...
24 May 2021
DTN Closing Livestock Comment 05/24 16:19 Pork Cutouts Pass Prices Made in 2020 It was a good day for both pork and beef cuts as prices closed higher and packers ran slaughter speeds aggressively. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: There's something to be said about limited supplies and stellar consumer demand, and the pork mark...
24 May 2021
DTN Chart Technical Points 05/24 16:30 DTN FUTURES 10 5/24/21 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 662.25 672.75 691.92 714.86 674.09 28.90 38.12 47.44 12 11 12 28 CBTWT SEP 665.75 675.38 692.89 715.04 674.65 29.19 38.55 47.89 14 13 13 2...