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DTN Closing Livestock Comment 03/03 16:06

3 Mar 2021
DTN Closing Livestock Comment 03/03 16:06 Mixed Wednesday for Livestock Contracts The futures market closed mostly higher, but unfortunately couldn't spark any positive momentum in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed market for livestock enthusiasts as cash cattle sellers don't like the prices that surfaced, but the feeder cattle and lean hog contracts were delighted to trade higher. Thursday's export report could heavily wane on the hog complex if it's as bearish as last week's. Hog prices closed higher on the National Direct Afternoon Hog Report, up $1.82 with a weighted average of $82.75 on 7,135 head. May corn is down 9 3/4 cents per bushel and May soybean meal is down $2.90. The Dow Jones Industrial Average is down 121.43 points and NASDAQ is down 361.04 points.
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Trade Barriers, Opportunities Discussed

26 Feb 2021
OMAHA (DTN) -- Agricultural trade barriers were frequent areas of discussion with senators asking Katherine Tia on Thursday how the Biden administration would expand trade markets if Tai is confirmed as U.S. trade ambassador. Agriculture Secretary Tom Vilsack, in his first day on the job, also told reporters the current high sales to China have ben...

DTN Closing Livestock Comment 02/26 16:18

26 Feb 2021
DTN Closing Livestock Comment 02/26 16:18 Cash Cattle Stuck at $114 It was a disappointing Friday as the e livestock sector closed lower and cash cattle weren't able to see the support needed to move the market higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Live cattle closed lower, feeder cattle closed lower and even the lean hog m...

DTN Chart Technical Points 02/26 16:30

26 Feb 2021
DTN Chart Technical Points 02/26 16:30 DTN FUTURES 10 2/26/21 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 MAR 655.00 668.19 661.28 651.90 649.34 49.08 50.81 52.85 60 77 77 72 CBTWT MAY 660.25 672.94 665.75 656.11 651.16 49.76 51.53 53.50 60 78 82 7...

Secretary Vilsack Lays Out Early Agenda

26 Feb 2021
OMAHA (DTN) -- USDA needs to ensure its coronavirus aid to farmers is equitable as the Biden administration is using the department in several ways to focus on President Joe Biden's goal to contain the coronavirus, Agriculture Secretary Tom Vilsack said Thursday. With that, USDA will extend enrollment for the latest round of the Coronavirus Food As...
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