21 Dec 2024
OMAHA (DTN) -- After a week of drama surrounding the details, the Senate voted 85 to 11 early Saturday morning to pass a spending bill to avoid federal government shutdown. The bill now goes to President Joe Biden to sign into law. According to Associated Press, the White House at midnight stated it had ceased shutdown preparations. A few hours ear...
20 Dec 2024
DTN Closing Livestock Comment 12/20 16:27 Traders Keep the Livestock Contracts Higher Through Friday's End Even though next week is a holiday-shortened week for Christmas, don't forget that on Monday the Quarterly Hogs and Pigs report will be released and we still should see ample packer interest in the cash market. ShayLe Stewart DTN Livestock Ana...
20 Dec 2024
DTN Chart Technical Points 12/20 16:30 DTN FUTURES 10 12/20/24 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 533.00 538.06 548.67 550.54 568.19 22.14 28.50 36.91 8 7 10 26 CBTWT MAY 542.75 548.13 558.58 559.97 578.14 22.97 29.01 36.89 7 6 12 28 K...
20 Dec 2024
WASHINGTON, Dec. 20, 2024 – United States Trade Representative Katherine Tai today announced that the United States has prevailed in its dispute under the United States-Mexico-Canada Agreement (USMCA) challenging certain Mexican biotechnology measures concerning genetically engineered (GE) corn. The USMCA panel agreed with the United States on all ...
20 Dec 2024
OMAHA (DTN) -- The National Corn Growers Association on Friday praised an arbitration ruling under the U.S.-Mexico-Canada Agreement (USMCA) rejecting Mexico's efforts to restrict imports of biotech corn. The ruling will ideally avoid any further efforts by Mexico to restrict genetically modified corn. Mexico is the largest buyer of U.S. corn. U.S. ...
20 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, December 20 Exchange rate was 1.4307 down 0.0027 Chicago corn closed slightly to moderately higher. MAR25 HI 4.47 1/2 DEC25 HI 4.39 LOW 4.39 1/2 LOW 4.33 1/2 CLOSE4.46 1/4 Up 5 1/2 CLOSE 4.37 3/4 Up 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25...
20 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 20 Exchange rate was 1.4307 down 0.0027 Chicago soybeans closed slightly higher. JAN25 HI 9.77 1/2 NOV25 HI 9.89 3/4 LOW 9.60 LOW 9.74 CLOSE9.74 1/2 Up 11 1/2 CLOSE 9.87 1/4 Up 10 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+...
20 Dec 2024
DTN Closing Grain Comments 12/20 14:40 Ag Markets Finish Week On Strong Note, Recapture Wednesday Losses The ag complex wrapped up a volatile pre-Christmas trading week Friday with a widespread positive session for ag futures, as soybeans and corn regained the vast majority of Wednesday's losses over the past two sessions. Wheat futures are also re...
20 Dec 2024
By DTN Staff This article was originally published at 2:03 p.m. CST on Friday, Dec. 20. It was last updated with additional information at 3:01 p.m. CST on Friday, Dec. 20. ** OMAHA (DTN) -- Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on Dec. 1, 2...
20 Dec 2024
LINCOLN, Neb. (DTN) -- Zeeland, Michigan-based Boersen Farms asked a federal judge on Wednesday to allow it to sell three parcels of land and use the proceeds to pay creditors including a Utah-based equipment leasing company that the farm owes $33.2 million, according to a motion and brief filed in federal court. Boersen Farms leased more than 120 ...