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DTN technical analysis shows June live cattle closing $2 higher at $116.70 and August feeder cattle $1.975 higher at $142.25, both in intermediate uptrends. June lean hogs fell $4.175 to $68.325 in a downtrend.
The DTN national corn cash index closed at $3.22, down 12.75 cents on the week.
Cattle strength reflects tight supplies, while weaker hog and cash corn prices point to ample supplies in those markets. Technical signals suggest possible near-term reversals in cattle.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
