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14 May 2020
DTN Closing Livestock Comment 05/14 16:06 Contracts and Boxed Beef Prices Close Lower Thursday felt more like a Monday as the board and boxed beef prices closed lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The industry is starting to feel the market begin its correction. There's no doubt that cattlemen and traders hope to see the m...
14 May 2020
DTN Chart Technical Points 05/14 16:30 DTN FUTURES 10 5/14/20 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 510.50 516.88 522.28 526.81 536.96 31.07 36.68 42.84 0 16 16 25 CBTWT JUL 502.25 508.94 515.33 522.85 533.51 27.05 32.97 40.39 17 29 14 21...
14 May 2020
DTN Midday Livestock Comments 05/14 12:23 Scaling Back Livestock contracts head lower into Thursday afternoon as the complex struggles ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Thursday's market has been mostly uninterested as all three livestock contracts slip lower; but adversely, cash markets are stronger. The choppy side-ways trade ...
14 May 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/14/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,917 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 -...
14 May 2020
DTN Early Word Livestock Comments 05/14 06:41 Active Pressure Likely Following Boxed Beef Market Tumble Boxed beef values posted record "one day" losses Wednesday, creating a tipping point and expected follow-through pressure. This is expected to add to widespread losses in live cattle trade Thursday morning.