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9 May 2019
DTN Midday Livestock Comments 05/09 11:36 Livestock Losses Continue Thursday Traders continued to ratchet prices lower in cattle and hog futures following bearish expectations concerning a trade deal as new tariffs will go into place early Friday. By Rick Kment DTN Analyst General Comments Active market pressure redeveloped Thursday morning with tr...
9 May 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/09/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,423 WEEK T0 DATE: 30,372 STEERS 505 118.00-118.00 118.00-118.00 118.00 HEIFERS 918 118.00-118.00 118.00-118.00 118.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 999 WEEK TO DATE: 41,519 STEERS 460 185.00-189.00 18...
9 May 2019
DTN Early Word Opening Livestock 05/09 06:27 Firm Pressure Expected Thursday The weak market tone is expected to continue through the entire complex with traders looking for end of the week direction. Traders will closely monitor the Export Sales report Thursday morning, looking for additional sales of pork to China. By Rick Kment DTN Analyst Cattl...
8 May 2019
DTN Chart Technical Points 05/08 16:30 DTN FUTURES 10 5/08/19 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 MAY 431.25 429.44 428.47 436.56 450.00 43.03 40.63 39.85 55 55 25 18 CBTWT JUL 439.00 438.44 437.81 443.65 456.13 42.85 41.00 40.08 53 55 29 2...
8 May 2019
DTN Closing Livestock Comment 05/08 15:41 Sharp Losses Continue on Demand Concerns Growing uncertainty ahead of the next round of trade talks with China has put increased pressure on all livestock trade. The focus through the complex is on long-term demand for pork and beef, as the most aggressive hog market losses developed in deferred-month contr...