17 Oct 2024
USDA Daily Market Rates 10/17 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 17, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not...
17 Oct 2024
DTN Early Word Livestock Comments 10/17 06:20 Hog Futures Poised To Retest Highs Thursday It was not unexpected that cattle futures struggled Wednesday as further liquidation needed to be done to correct the overbought market. Traders were also concerned over cash potential. Hog futures did an about-face, eliminating the losses of the previous two ...
17 Oct 2024
DTN Early Word Grains 10/17 05:48 Grain Markets Lower on Poor Technical Outlook, Brazilian Rainfall, Harvest Pressure December corn is down 2 1/4 cents per bushel, November soybeans are down 8 1/4 cents, December KC wheat is down 2 3/4 cents, December Chicago wheat is down 3 3/4 cents and December Minneapolis wheat is up 1 3/4 cents. Kent Beadle, D...
16 Oct 2024
DTN Chart Technical Points 10/16 16:30 DTN FUTURES 10 10/16/24 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 DEC 585.00 587.19 592.06 591.35 572.67 46.64 49.82 50.71 12 25 49 57 CBTWT MAR 605.25 608.75 614.58 612.78 593.04 45.49 49.33 50.67 11 24 51 ...
16 Oct 2024
DTN Closing Livestock Comment 10/16 15:55 Cattle Close Mostly Lower; Hogs Rally Through Wednesday's Close Heading into Thursday's market, packer interest should improve throughout the cash cattle complex. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts remained mostly lower throughout Wednesda...