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RECENT NEWS
3 May 2021
DTN Closing Livestock Comment 05/03 16:17 Lean Hogs Reach for More The cattle contracts faced modest pressure in their nearby contracts while the deferred contracts felt far enough removed from the market's immediate vulnerabilities to close higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The corn market and the cattle contracts play...
3 May 2021
DTN Chart Technical Points 05/03 16:30 DTN FUTURES 10 5/03/21 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 725.50 732.69 721.97 682.74 653.37 66.88 67.08 61.91 41 49 76 83 CBTWT JUL 718.00 726.13 719.39 682.56 649.37 64.78 66.29 62.74 31 43 75 8...
3 May 2021
DTN Midday Livestock Comments 05/03 11:42 Taking a Bumpy Monday Ride Cattle futures have bounced around Monday as the corn market's indecisive nature adds complexity. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The tone through the entire livestock complex is shaky as the market can't decide where the day's trade is going to land. As cor...
3 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/03/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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 - TOD...
3 May 2021
DTN Early Word Livestock Comments 05/03 06:22 Support for Livestock Futures Expected The June live cattle contract is now front-month and is carrying a discount to cash. That is not a good situation as traders are expecting further erosion of cash. Hogs are in a very strong position as futures are trending higher and supplies are getting tighter. R...