Tuesday, February 20, 2018   
 Home
 Cash Bids
 NCGC News
 Contact Us
 Credit Application
 Employment Opportunities
 Merchandiser's Comments
 Agronomy News updated 4/21/17
 Seed Department News updated 11-8-17
 Energy News
 SDS Info
 Locations
Bisbee Office 701-656-3263
Bisbee Terminal 701-656-3266
Bisbee Agronomy Center 701-656-3226
Cardtrol
Bisbee Service Station 701-656-3211
Dunseith Cenex C-Store 701-244-9765
Overly Elevator 701-366-4562
Perth 701-656-3221
Rock Lake Elevator 701-266-5492
Rock Lake Station 701-266-5511
Rolette Elevator 701-246-3251
Rolette Station 701-246-3493
Rolette Agronomy 701-246-3305
Rolla Station 701-477-3127
Rolla Elevator 701-477-5612
Rolla Agronomy 701-477-6430
North Central Tire-Rolla 701-477-6363
 Delayed Price Schedule
 Discount Rates
 Daily LDP Rates
 Calendar
 Newsletters
 Construction (photo gallery)
 QUOTES & DATA
Weather
Futures Markets
Quotes
Markets Page
Ag News
AgBizDir.com
DTN Renewable Fuels
Charts
 
 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Early Word Opening Livestock       02/16 05:52
   Follow-Through Buying Likely in Cattle Trade

   Moderate-to-strong buyer activity is developing through the cattle complex
over the last couple of days. This may add even more buyer activity during the
end of the week. Hog trade remains unsettled as the back and forth market
shifts, adding to the volatility in the complex.

By Rick Kment
DTN Analyst



Cattle: Steady               Futures: $1 Higher   Live Equiv $140.90 +0.75*
Hogs:   Steady to $1 Lower   Futures: Mixed       Lean Equiv $ 82.13 -0.53**

* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue

GENERAL COMMENTS:

   Cash cattle trade activity has been undeveloped so far this week, but with
packers and feeders entering the home stretch once again, the expectation is
that swift and quick trade will develop late in the day. Packers and feeders
continue to remain well rooted in their positions through the week, limiting
additional expectations of a significant shift in direction, in activity or
price levels. Futures trade is expected to open higher once again, although the
potential for moderate position-taking is increasing due to the active support
in the complex over the last several weeks.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN