16 Feb 2024
DTN Chart Technical Points 02/16 16:30 DTN FUTURES 10 2/16/24 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 MAR 560.50 577.63 587.81 594.40 603.03 27.40 34.12 41.64 11 28 27 42 CBTWT MAY 559.00 576.56 589.94 600.19 612.26 22.16 29.66 38.89 8 16 13 25...
16 Feb 2024
DTN Closing Livestock Comment 02/16 15:42 Stronger Tones Lead Livestock Higher Through Friday's End Heading into Tuesday's market, cattlemen will likely be anxious as later in the week a Cattle on Feed report will be released. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All three livestock markets were able to round out the day higher as...
16 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, February 16 Exchange rate was 1.3476 up 0.0009 Chicago corn closed narrowly mixed. MAR24 HI 4.21 1/2 DEC24 HI 4.59 1/4 LOW 4.15 LOW 4.55 3/4 CLOSE4.16 1/2 Down 1 1/4 CLOSE 4.58 3/4 Up 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+JUL24 CK...
16 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 16 Exchange rate was 1.3476 up 0.0009 Chicago soybeans closed slightly higher. MAR24 HI 11.73 3/4 NOV24 HI 11.50 3/4 LOW 11.62 1/4 LOW 11.41 CLOSE11.72 1/4 Up 10 CLOSE 11.48 1/2 Up 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY...
16 Feb 2024
DTN Closing Grain Comments 02/16 13:52 Soybeans and Soymeal Recover; July Wheat Contracts Fall to New Low on Lower Black Sea Values One day after the widely expected, but still bearish, USDA Ag Outlook balance sheet changes, grain and soy markets are still having to deal with the bearish fallout. All the markets not only have seen a large uptick in...