16 Dec 2024
OMAHA (DTN) -- Negotiations continued Monday on a potential $10 billion to $12 billion economic aid package for farmers and the scope of disaster assistance in a new funding bill. Congress has until the end of Friday to get a package through Congress or risk a potential government shutdown. As part of that package, Congress also needs to pass anoth...
16 Dec 2024
DTN Chart Technical Points 12/16 16:30 DTN FUTURES 10 12/16/24 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 550.00 556.00 556.47 556.65 574.20 36.53 38.22 40.97 14 41 43 41 CBTWT MAY 561.00 566.06 565.69 566.08 584.24 38.98 39.54 41.27 17 44 45 ...
16 Dec 2024
DTN Closing Livestock Comment 12/16 15:44 Traders let the Livestock Complex Drift Lower Through Monday's End Following last week's advancements in the futures complex, traders are skeptical of overly supporting the markets early this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex struggled technically throughout ...
16 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, December 16 Exchange rate was 1.4232 up 0.0003 Chicago corn closed slightly higher. MAR25 HI 4.45 3/4 DEC25 HI 4.41 3/4 LOW 4.41 1/4 LOW 4.38 1/2 CLOSE4.45 Up 3 CLOSE 4.40 1/4 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY25 CK ...
16 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 16 Exchange rate was 1.4232 up 0.0003 Chicago soybeans closed slightly lower. JAN25 HI 9.93 1/2 NOV25 HI 10.09 LOW 9.81 LOW 9.98 CLOSE9.82 Down 6 1/4 CLOSE 9.98 3/4 Down 7 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+MAR25 CK...