Market News
RECENT NEWS
28 Jun 2019
DTN Closing Livestock Comment 06/28 15:45 Feeder Prices Respond to Cheaper Corn Cash cattle business transacted in Texas Friday was steady with last week's prices at $109. Most livestock futures contracts seem to be in a neutral pattern, but feeder cattle prices experienced a boost Friday after corn futures dropped 20 cents. By Elaine Kub DTN Contr...
28 Jun 2019
DTN Midday Livestock Comments 06/28 12:17 Livestock Futures React to USDA Reports Today is the last trading day for June live cattle with futures making another sharp triple-digit gain resulting in more than a $5.00 increase over the past week as the market converges to cash. Other futures post minor gains while feeder cattle post sharp gains after...
28 Jun 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/28/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,981 WEEK TO DATE: 3,092 STEERS LIVE FOB 1,240 109.00-109.00 109.00-109.00 109.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,435 109.00-109.00 109.00-109.00 109.00 HEIFERS LIVE DELIVERED No re...
28 Jun 2019
DTN Early Word Opening Livestock 06/28 06:23 Weak Hog Futures Expected Following Hogs and Pigs Report End-of-week pressure is expected in lean hog futures as traders adjust to the aggressive triple-digit gains on Thursday. Record hog inventory levels of 75.5 million hogs signal continued herd growth during 2019. By Rick Kment DTN Analyst Cattle: St...
27 Jun 2019
DTN Closing Livestock Comment 06/27 16:16 Hog Futures Rally Thursday Strong underlying support developed in lean hog trade ahead of the hogs and pigs report. Hog inventory levels increased 4% from year ago levels, but much less aggressive growth developed over the last three months. By Rick Kment DTN Analyst GENERAL COMMENTS: Limited movement seen ...