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Tag "cattle market"

DTN Livestock Close: Cattle End Generally Higher

DTN Livestock Close: Cattle End Generally Higher

👤By John Harrington DTN Livestock Analyst 🕔Dec 14, 2017

For the most part, the cattle complex settled moderately higher, supported by short covering and pre-cash positioning. Lean hog contracts closed on a mixed basis with nearbys gaining on deferreds. GENERAL COMMENTS Between half-hearted packer bids and sketchy asking prices,

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DTN Livestock Midday: Live Cattle Hold Triple-Digit Gains

DTN Livestock Midday: Live Cattle Hold Triple-Digit Gains

👤By Rick Kment DTN Analyst 🕔Dec 14, 2017

Strong buyer support has moved into the livestock market Thursday. This is helping to draw additional underlying support back to most contracts. GENERAL COMMENTS: Buyer support quickly moved into the livestock market with strong price gains seen at midday in

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DTN Livestock Open: Lean Hog Futures Staged for Defensive Start

DTN Livestock Open: Lean Hog Futures Staged for Defensive Start

👤By John Harrington DTN Livestock Analyst 🕔Dec 14, 2017

Lean hog contracts should open lower, pressured by long liquidation and struggling carcass value. On the other hand, cattle complex futures seem likely to open on a mixed basis as traders position ahead of cash news. Cattle: Cash Steady Futures

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DTN Livestock Close: Feeder Cattle Futures Tumble Lower

DTN Livestock Close: Feeder Cattle Futures Tumble Lower

👤By Rick Kment DTN Analyst 🕔Dec 13, 2017

Moderate to strong losses quickly moved through cattle futures as triple-digit declines flooded back into the feeder cattle market. This eroded early support in live cattle futures, pushing prices moderately lower. GENERAL COMMENTS Cash cattle activity remained quiet with only

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DTN Livestock Midday: Cattle Futures Pull Back From Early Gains

DTN Livestock Midday: Cattle Futures Pull Back From Early Gains

👤By Rick Kment DTN Analyst 🕔Dec 13, 2017

Firm losses have quickly developed across the cattle complex with traders focusing on the inability to draw additional commercial buyer interest back into the market. This may spark additional weakness across the market through the end of the day. GENERAL

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DTN Livestock Open: Futures Set for Moderate Gains

DTN Livestock Open: Futures Set for Moderate Gains

👤By John Harrington DTN Livestock Analyst 🕔Dec 13, 2017

The cattle complex is set to open moderately higher, supported by follow-through buying and short-covering. Lean hog futures should open on a mixed basis thanks to both residual selling and short-covering. Cattle: Cash Steady Futures 50-100 HR Live Equiv $134.69

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DTN Livestock Close: Strong Gains Develop in Cattle

DTN Livestock Close: Strong Gains Develop in Cattle

👤By Rick Kment DTN Analyst 🕔Dec 12, 2017

Triple-digit gains quickly developed early Tuesday in live cattle and feeder cattle trade. This aggressive shift higher sparked widespread buyer support that had been waiting on the sidelines over the last couple of weeks. Follow-through support could easily develop over

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DTN Livestock Midday: Cattle Futures Surge Higher

DTN Livestock Midday: Cattle Futures Surge Higher

👤By Rick Kment DTN Analyst 🕔Dec 12, 2017

Aggressive buying has flooded into cattle trade with live cattle and feeder cattle posting gains above $2 per cwt at midday. This strong support may help to spark increased longer-term activity through the next few days. GENERAL COMMENTS: Aggressive triple-digit

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DTN Livestock Open: Lean Futures Set to Start Moderately Lower

DTN Livestock Open: Lean Futures Set to Start Moderately Lower

👤By John Harrington DTN Livestock Analyst 🕔Dec 12, 2017

Look for lean hog futures to open moderately higher, pressured by follow-through selling and struggling carcass value. On the other hand, the cattle complex should begin with mixed price action as traders position ahead of cash potential. Cattle: Steady Futures:

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DTN Livestock Close: Hog Paper Moves Significantly Lower

DTN Livestock Close: Hog Paper Moves Significantly Lower

👤By John Harrington DTN Livestock Analyst 🕔Dec 11, 2017

Most lean hog futures closed sharply lower with Feb through June off triple digits. On the other hand, live cattle issues settled moderately lower with the feeder counterparts mixed. GENERAL COMMENTS Activity in feedlot country was restricted to the distribution

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