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13 Apr 2021
DTN Closing Livestock Comment 04/13 16:10 Cattle Look for Direction, Hogs Keep Scaling Higher Looking to Wednesday's trade, the lean hog market is hopeful to continue its higher trend and the cattle contracts are going to be eyeing the cash cattle market carefully to see where feedlots stand in their quest for higher prices. ShayLe Stewart DTN Live...
13 Apr 2021
DTN Chart Technical Points 04/13 16:30 DTN FUTURES 10 4/13/21 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 MAY 629.75 631.31 622.67 621.81 641.42 52.97 49.89 49.02 61 70 59 46 CBTWT JUL 633.50 633.94 622.69 618.85 633.73 58.58 54.33 51.53 70 76 69 5...
13 Apr 2021
DTN Midday Livestock Comments 04/13 11:42 Cattle Futures Lack Support It's been a tough day thus far in the cattle futures, but the lean hog market is back to modestly higher and is continuing to rally off strong demand and tight supplies. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle futures are having another bearish day, but ...
13 Apr 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/13/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
13 Apr 2021
DTN Early Word Livestock Comments 04/13 06:31 Traders May Buy the Break Lower cattle futures were not a surprise Monday, but the decline of hog futures was. Overall fundamentals in both markets remain bullish, but prices cannot go up forever without a correction. As long as support holds, the trend remains up.