DTN Midday Livestock Comments
Sharp triple-digit losses have quickly swept through cattle trade Monday morning. The lack of buyer interest seen in feeder cattle futures has affected the entire complex, allowing for additional market weakness.
Robin Schmahl
DTN Contributing Analyst
Robin Schmahl writes a weekly dairy column for DTN and provides other dairy information. His company, AgDairy LLC, is an introducing broker, and he previously worked from 1996 to 2001 for Allendale Inc. as a commodity broker and as manager of Allendale's Elkhart Lake, Wisconsin, branch. In 2001 he worked with DTN on a dairy marketing program that is no longer offered.
Robin was born and raised on a dairy farm in Elkhart Lake. After graduating from high school, he attended Faith Baptist Bible College in Ankeny, Iowa, to study music. Robin then returned to the fourth-generation family farm in 1980 to work in partnership with his father before taking over the dairy farming operation.
Robin frequently gives speeches, writes articles and does radio commentaries on dairy topics. He lives on his active family farm with his wife and three children.
Robin was born and raised on a dairy farm in Elkhart Lake. After graduating from high school, he attended Faith Baptist Bible College in Ankeny, Iowa, to study music. Robin then returned to the fourth-generation family farm in 1980 to work in partnership with his father before taking over the dairy farming operation.
Robin frequently gives speeches, writes articles and does radio commentaries on dairy topics. He lives on his active family farm with his wife and three children.
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DTN Midday Livestock Comments
Cattle futures trade is lower on Friday. Lean hog futures are mixed.
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DTN Midday Livestock Comments
Cattle futures trade is mixed and slow Thursday. Lean hog futures are moving within a $2 range as spreads unwind.
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DTN Midday Livestock Comments
Live cattle exhibit mixed prices with futures in a sideways trading pattern. Feeder cattle are making a valiant effort at regaining the losses of Tuesday.
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DTN Midday Livestock Comments
Live cattle have been on a seesaw with futures trying to hold losses to a minimum.
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DTN Midday Livestock Comments
Cattle markets have shown losses since shortly after the opening bell.
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DTN Closing Livestock Comments
Livestock futures closed with gains; most hog contracts were triple digits higher.
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DTN Midday Livestock Comments
The cattle complex is holding more in sympathy with the strength of the hog complex than on its own fundamentals. Steady to slightly weaker boxed beef prices. Cash cattle is expected to trade steady to $1.00 lower based on light...
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DTN Closing Livestock Comments
Livestock futures closed in the negative with lean hogs closing substantially lower.
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DTN Midday Livestock Comments
Triple-digit losses have dominated feeder cattle futures early with selling nearly taking away the gains of yesterday.
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DTN Closing Livestock Comments
Cattle futures closed in positive territory as positioning ahead of the Cattle on Feed report dominated the day.
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DTN Midday Livestock Comments
The cattle complex is showing some strength with traders positioning themselves ahead of the Cattle on Feed report to be released this afternoon.
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DTN Midday Livestock Comments
The cattle complex is eliminating the losses of the past two days as futures push toward recent highs.