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7 Feb 2019
DTN Midday Livestock Comments 02/07 12:14 Hog Futures Tumble Lower April lean hog futures have broken through support levels, as traders have pushed prices below $60 per cwt Thursday morning. This continues to weaken the entire hog complex. Early pressure in cattle trade has eroded following continued grain market pressure during the morning. By Ri...
7 Feb 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/07/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 161 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 219 WEEK TO DATE: 1,432 STEERS 219 198.00-198.00 198.00-198.00 198.00 HEIFERS No reportable trade...
7 Feb 2019
DTN Early Word Opening Livestock 02/07 05:51 Pressure Likely During Morning Trade Follow-through price pressure is likely to develop in livestock trade as traders enter the market Thursday. Limited volume is expected through most of the session, allowing for unsettled market direction. By Rick Kment DTN Analyst Cattle: Steady Futures: Lower Live Eq...
6 Feb 2019
DTN Chart Technical Points 02/06 16:30 DTN FUTURES 10 2/06/19 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 MAR 526.00 525.81 520.94 519.44 519.62 61.10 57.15 51.61 80 79 74 63 CBTWT MAY 528.75 529.00 525.81 524.69 525.52 57.24 54.42 50.15 79 76 66 5...
6 Feb 2019
DTN Closing Livestock Comment 02/06 15:44 Livestock Futures Pressured in Sluggish Trade Trade activity in most livestock markets remained extremely limited Wednesday, with traders looking for any sense of direction. Nearby contracts saw moderate pressure. Outside markets showed limited signs of life, too. By Rick Kment DTN Analyst GENERAL COMMENTS:...