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RECENT NEWS
7 May 2019
DTN Midday Livestock Comments 05/07 12:07 Livestock Makes a Comeback The cattle complex is finally showed a rebound of price. The duration of this rebound may be limited, but it is time to correct a severely oversold market. June live cattle continue to struggle trading slightly lower after rebounding for a short period of time. Triple-digit gains ...
7 May 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/07/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,430 WEEK T0 DATE: 10,430 STEERS 4,323 119.00-120.00 119.00-120.00 119.99 HEIFERS 2,170 120.00-120.00 120.00-120.00 120.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 1,719 WEEK TO DATE: 3,074 STEERS 349 195.00-196...
7 May 2019
DTN Early Word Opening Livestock 05/07 06:43 Expanded Limits for Hogs Increases Bearishness Monday was not kind to the livestock complex with more Katy-bar-the-door selling continuing. The oversold condition should trigger buying interest by technical traders, but so far, if they have stepped in, they were run over. Bottom-picking is tough when the...
6 May 2019
DTN Chart Technical Points 05/06 16:30 DTN FUTURES 10 5/06/19 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 428.00 428.56 429.06 439.71 451.26 38.15 37.54 38.41 58 50 17 12 CBTWT JUL 437.25 438.81 437.97 446.35 457.26 40.17 39.23 39.19 61 56 21 1...
6 May 2019
DTN Closing Livestock Comment 05/06 15:48 Trade War Talk Triggers Hog Market Meltdown Hog futures were locked limit down (-$3.00 per cwt) all day Monday and will trade with expanded limits Tuesday. The escalated trade war concerns weighed on cattle futures markets, too, but not to as great an extent. By Elaine Kub DTN Contributing Analyst GENERAL C...