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12 Mar 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/12/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,656 WEEK TO DATE: 17,952 STEERS LIVE FOB 1,179 114.00-114.00 114.00-114.00 114.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,251 114.00-114.00 114.00-114.00 114.00 HEIFERS LIVE DELIVERED No r...
12 Mar 2021
DTN Early Word Livestock Comments 03/12 06:31 How High Can it Go? Positive closes in live cattle and hog futures would suggest follow-through buying Friday. However, it is Friday with a strong possibility that profits may be taken, which could pressure futures. Hog slaughter and cash will be watched closely for a sign that the party is over for the...
11 Mar 2021
DTN Closing Livestock Comment 03/11 16:19 Lean Hogs Leap Higher Thursday The lean hog market ran vigorously into Thursday's trade and served the complex well as the futures market closed higher, pork cutouts closed higher and the market's slaughter held firm. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a great day for the lean hog...
11 Mar 2021
DTN Chart Technical Points 03/11 16:30 DTN FUTURES 10 3/11/21 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 MAR 636.25 647.50 650.31 655.79 653.10 40.24 44.29 48.92 38 47 37 43 CBTWT MAY 642.50 649.50 652.72 659.24 655.56 41.34 45.12 49.55 45 44 31 3...
11 Mar 2021
DTN Midday Livestock Comments 03/11 11:39 Lean Hogs Grab for More It's a phenomenal day thus far in the lean hog market, but with cash cattle still trading for $113 to $114, cattle futures haven't seen much improvement. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's another winning day for the lean hog futures as traders continue to su...