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9 Apr 2021
DTN Closing Livestock Comment 04/09 16:42 The Week the Cattle Market Desperately Needed This past week gave the livestock sector an opportunity to rally and, even though the cattle contracts closed lower Friday afternoon, the market made stark advancements throughout the week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contra...
9 Apr 2021
DTN Chart Technical Points 04/09 16:30 DTN FUTURES 10 4/09/21 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 638.75 624.81 618.31 623.43 642.07 60.78 54.28 50.97 75 68 47 33 CBTWT JUL 640.50 624.94 616.81 619.00 633.62 66.46 58.78 53.49 81 70 54 3...
9 Apr 2021
DTN Midday Livestock Comments 04/09 11:43 Traders Seem to Sideline Themselves and Look Forward to Next Week With corn prices taking a considerable jump through Thursday's trade and the bulk of the cash cattle market's trade done, both the live cattle and feeder cattle contracts are trading lower into Friday afternoon. ShayLe Stewart DTN Livestock A...
9 Apr 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/09/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 708 WEEK TO DATE: 21,343 STEERS LIVE FOB 708 123.00-123.00 123.00-123.00 123.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA ...
9 Apr 2021
DTN Early Word Livestock Comments 04/09 06:17 Markets Ripe for Retracement New contract highs were made in most livestock futures Thursday. There is a strong chance that will continue Friday, but it is Friday and sometimes profits may be taken, putting some pressure on futures. Most of the attention will be directed toward the World Agricultural Su...