Market News
RECENT NEWS
22 May 2019
DTN Midday Livestock Comments 05/22 12:06 Limited Selling Continues Midweek Light pressure remains Wednesday morning following initial follow-through pressure through the complex. Traders continue to focus on growing cattle supplies and uncertainty in pork demand. By Rick Kment DTN Analyst General Comments Initial market pressure has continued to d...
22 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: 9,345 WEEK TO DATE: 13,243 STEERS 3,934 114.00-115.00 114.00-115.00 114.41 HEIFERS 3,580 114.00-115.00 114.00-115.00 114.37 NEBRASKA CONFIRMED CASH SALES - TODAY: 12,815 WEEK TO DATE: 12,889 STEERS 8,522 181.00-...
22 May 2019
DTN Early Word Opening Livestock 05/22 06:43 Additional Pressure Likely Midweek Follow-through weakness is expected in the livestock complex early Wednesday morning as concerns continue about cattle supplies and pork demand surrounding the trade war with China. By Rick Kment DTN Analyst Cattle: Steady Futures: Lower Live Equiv: $143.37 -0.70* Hogs:...
21 May 2019
DTN Chart Technical Points 05/21 16:30 DTN FUTURES 10 5/21/19 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 478.75 472.25 453.06 445.43 455.80 74.59 66.59 55.06 80 84 84 66 CBTWT SEP 486.00 479.00 460.64 453.35 463.66 74.86 66.89 55.02 81 84 84 6...
21 May 2019
DTN Closing Livestock Comment 05/21 15:48 Sharp Losses in Feeder Cattle, Lean Hog Futures Tuesday Sharp losses in feeder cattle and lean hog futures led to concerns of renewed market pressure. Cattle on Feed report estimates that point to sharp placement and on-feed growth during April also created concerns. By Rick Kment DTN Analyst GENERAL COMMEN...