7 Nov 2024
DTN Closing Livestock Comment 11/07 15:57 Boxed Beef Prices and Pork Cutout Values Dip Lower Heading into Friday's trade the market will be closely watching for the mid-morning WASDE report and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as although ...
7 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago corn closed slightly higher. DEC24 HI 4.28 1/2 DEC25 HI 4.47 3/4 LOW 4.22 1/4 LOW 4.42 1/4 CLOSE4.27 1/2 Up 1 1/4 CLOSE 4.47 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 +DEC24+MAR25+MAR2...
7 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago soybeans closed moderately higher. JAN25 HI 10.27 3/4 NOV25 HI 10.49 LOW 10.00 1/2 LOW 10.29 1/4 CLOSE10.26 1/4 Up 22 1/2 CLOSE 10.48 3/4 Up 16 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
7 Nov 2024
DTN Closing Grain Comments 11/07 14:51 Soybean Futures Show Strength Despite Likely Record Production The market tone for Thursday was much more subdued compared to Wednesday as traders have now had a full day to digest the implications of a second Trump term. Soybeans have had a very impressive turn, posting over a 40-cent move from Wednesday morn...
7 Nov 2024
DTN Midday Livestock Comments 11/07 11:41 Weak Exports Push the Hog Complex Lower There's a single bid currently being offered in the North at $186, but still no sales have developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are trading mostly higher into Thursday's noon hour, but the l...