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4 May 2021
DTN Closing Livestock Comment 05/04 15:30 Cattle, Feeders Sink to New Lows as Corn Heats Up Rising corn prices continue to pressure both live cattle and feeder cattle lower Tuesday. Lean hogs held firm with back months continuing to achieve new highs. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: Early hopes for higher cattle prices in 2021 have ...
4 May 2021
DTN Midday Livestock Comments 05/04 11:46 Corn Strikes Higher, Sending Cattle Crumbling Lower With nearby corn futures posting a lofty $0.21 rally, cattle futures are back to their fully lower path. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex isn't having an ordinary Tuesday as cash cattle trade is already starting ...
4 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/04/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 547 WEEK TO DATE: 2,035 STEERS LIVE FOB 162 119.00-119.00 119.00-119.00 119.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 253 119.00-119.00 119.00-119.00 119.00 HEIFERS LIVE DELIVERED No reportab...
4 May 2021
DTN Early Word Livestock Comments 05/04 06:03 Cattle Remain Sideways June cattle anticipate lower cash in the near term. However, strong demand and higher boxed beef may make this price look too cheap. Feedlots are hoping for at least steady prices this week. Hogs are certainly showing no bounds as strong demand and tight supplies keep packers aggr...
3 May 2021
DTN Closing Livestock Comment 05/03 16:17 Lean Hogs Reach for More The cattle contracts faced modest pressure in their nearby contracts while the deferred contracts felt far enough removed from the market's immediate vulnerabilities to close higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The corn market and the cattle contracts play...