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24 May 2019
DTN Midday Livestock Comments 05/24 12:09 Hog Prices Tumble Late Friday Lean hog futures are posting sharp triple-digit losses late Friday based on increased market pressure developing ahead of Memorial Day weekend. Early support in cattle futures has eroded with traders selling ahead of the cattle on feed report. By Rick Kment DTN Analyst General ...
24 May 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/22/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 339 WEEK TO DATE: 16,537 STEERS 339 114.00-114.00 114.00-114.00 114.00 HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 448 WEEK TO DATE: 41,467 STEERS No reportable dressed trade HEIFERS No re...
24 May 2019
DTN Early Word Opening Livestock 05/24 06:33 Limited Livestock Trade Expected Friday Market interest is expected to remain extremely sluggish Friday ahead of the three-day holiday weekend. Mixed trade is expected early in the session with cattle traders attempting to adjust to the upcoming cattle on feed report. By Rick Kment DTN Analyst Cattle: St...
23 May 2019
DTN Chart Technical Points 05/23 16:30 DTN FUTURES 10 5/23/19 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 JUL 470.25 475.00 462.92 449.06 456.03 63.69 59.93 52.34 54 68 79 80 CBTWT SEP 478.25 482.56 470.28 456.96 463.87 64.50 60.52 52.42 56 70 80 8...
23 May 2019
DTN Closing Livestock Comment 05/23 15:55 Livestock Futures See Narrow Gains on Demand Livestock traders were encouraged by increased export sales and lower beef supplies this week, but traders remain cautious given the potential for bearish news late in the week. By Rick Kment DTN Analyst GENERAL COMMENTS: Initial pressure in lean hog trade eased ...