1 Oct 2024
DTN Closing Livestock Comment 10/01 16:03 Better Consumer Support Pushed Live Cattle, Lean Hogs Higher Heading into Wednesday's market cattlemen will look for packer interest to improve and for asking prices to be potentially noted. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and lean hog contracts were able to rally...
1 Oct 2024
DTN Chart Technical Points 10/01 16:30 DTN FUTURES 10 10/01/24 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 DEC 599.00 586.81 581.22 579.07 563.86 66.68 62.62 54.98 59 57 78 75 CBTWT MAR 619.50 607.06 600.83 598.40 583.68 68.05 63.60 55.42 62 60 80 ...
1 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, October 1 Exchange rate was 1.347 down 0.0028 Chicago corn closed slightly to moderately higher. DEC24 HI 4.32 1/2 DEC24 HI 4.32 1/2 LOW 4.21 3/4 LOW 4.21 3/4 CLOSE4.29 Up 4 1/4 CLOSE 4.29 Up 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MA...
1 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 1 Exchange rate was 1.347 down 0.0028 Chicago soybeans closed slightly higher. NOV24 HI 10.65 1/2 NOV25 HI 11.01 3/4 LOW 10.45 LOW 10.84 CLOSE10.57 1/4 Up 1/4 CLOSE 10.95 3/4 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JAN25+JAN25...
1 Oct 2024
DTN Closing Grain Comments 10/01 13:51 Wheat, Soybean Meal Surge With Corn Firmer, Soybean Oil Weaker Wheat and soybean meal markets took off Tuesday. Wheat got a boost from a strong Paris milling wheat market and the ongoing dryness in Russian wheat areas. October soymeal rallied for the third consecutive day to the highest level since mid-June. C...