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12 Jul 2018
DTN Closing Livestock Comment 07/12 17:18 Oversold Meat Futures Finally Generate Some Short-Covering Interest and Spec-Buying After two staggering sessions of limit losses, lean hog futures, for the most part, recovered with triple-digit gains. The cattle complex managed a smaller rebound, supported by profit-taking and the premium status of recent...
12 Jul 2018
DTN Chart Technical Points 07/12 16:30 DTN FUTURES 10 7/12/18 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 JUL 482.50 487.38 492.83 487.96 504.07 44.96 45.55 47.31 18 41 37 42 CBTWT SEP 484.50 489.06 494.39 494.24 516.54 43.40 43.72 45.68 19 41 24 2...
12 Jul 2018
DTN Midday Livestock Comments 07/12 11:47 Triple-Digit Gains Sweep Through Livestock Trade Buyer support quickly developed Thursdays with traders in live cattle and lean hog futures pushing prices to triple-digit gains. This may spark some end of the week support through the entire complex. By Rick Kment DTN Analyst GENERAL COMMENTS: Strong gains h...
12 Jul 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/12/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 35 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,673 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH ...
12 Jul 2018
DTN Early Word Opening Livestock 07/12 05:57 Meat Futures Staged to Open Moderately Lower Live and feeder futures should open lower thanks to follow-through selling, though contracts could firm later in the day given evidence of relative cash stability. Lean hog contracts will likely open lower, pressured by residual selling and ongoing trade war f...