Growers

DTN Closing Livestock Comment 01/20 16:10

20 Jan 2021
DTN Closing Livestock Comment 01/20 16:10 Lean Hogs Demand Support and Close Fully Higher Wednesday's marketplace was a mixed bag as both the lean hog and feeder cattle contracts enjoyed ample support and closed fully higher, but the same can't be said for the live cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Tuesday's prob...

DTN Chart Technical Points 01/20 16:30

20 Jan 2021
DTN Chart Technical Points 01/20 16:30 DTN FUTURES 10 1/20/21 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 667.75 671.38 658.53 646.72 617.17 65.27 64.40 60.71 61 68 79 79 CBTWT MAY 668.00 672.25 659.64 646.90 618.64 65.47 64.90 61.19 61 68 80 8...

FARM MARKET NEWS - CORN REPORT FOR Wed, January 20

20 Jan 2021
FARM MARKET NEWS - CORN REPORT FOR Wed, January 20 Exchange rate was 1.2646 down 0.0084 Chicago corn closed slightly to moderately lower. MAR21 HI 5.26 1/2 DEC21 HI 4.54 1/4 LOW 5.12 3/4 LOW 4.45 1/2 CLOSE5.22 Down 4 CLOSE 4.49 Down 6 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR21+MAY21...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 20

20 Jan 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 20 Exchange rate was 1.2646 down 0.0084 Chicago soybeans closed moderately lower. MAR21 HI 13.84 1/2 NOV21 HI 11.86 1/2 LOW 13.52 LOW 11.64 3/4 CLOSE13.69 1/2 Down 16 1/4 CLOSE 11.71 3/4 Down 17 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MA...

DTN Closing Grain Comments 01/20 14:02

20 Jan 2021
DTN Closing Grain Comments 01/20 14:02 Row Crops Finish a Third Day Lower Outside markets were largely favorable for commodity prices Wednesday, but row-crop prices finished lower, pressured by increased rain chances in South America. The three U.S. wheats were also lower, in line with Wednesday's international wheat prices.

JBS Reaches Pork Settlement in Court

20 Jan 2021
OMAHA (DTN) -- JBS has reached a settlement in an ongoing class-action lawsuit that alleges JBS, along with several other large meat companies, conspired to raise the price of pork. According to the settlement preliminarily approved by the U.S. District Court for the District of Minnesota last week, JBS will pay $24 million in monetary relief and a...

Biden Names USDA Deputy Nominee

20 Jan 2021
OMAHA (DTN) -- President-elect Joe Biden on Monday nominated Virginia Department of Agriculture and Consumer Services Commissioner Jewel Bronaugh as deputy secretary of USDA. Bronaugh, who holds a doctorate in career and technical education from Virginia Tech University, brings to USDA an extensive career working with Extension programs and has ser...

Trump's Legacy on Agriculture

20 Jan 2021
OMAHA (DTN) -- With President Donald Trump's time in office coming to a close, U.S. farmers will remember a president who spoke to them and for them more often than any other president in modern history. Trump's policies on issues such as trade, energy, the environment and immigration heavily influenced farm prices, leading at times to criticism of...

DTN Midday Livestock Comments 01/20 12:06

20 Jan 2021
DTN Midday Livestock Comments 01/20 12:06 Mixed Trade Continues throughout Livestock Contracts It's another day of mixed trade as the feeder cattle and lean hog contracts absorb the market's support but leave the live cattle contracts to wane lower. ShayLe Stewart DTN Livestock Analyst General Comments The livestock contracts continue to trade spli...

DTN Midday Grain Comments 01/20 10:59

20 Jan 2021
DTN Midday Grain Comments 01/20 10:59 All Grains Lower at Midday Corn is 5 to 6 cents lower, soybeans are 17 to 19 cents lower, and wheat is 4 to 6 cents lower. David M. Fiala DTN Contributing Analyst The U.S. stock market is firmer with the Dow up 195. The dollar index is flat. Interest rate products are flat to lower. Energies are mostly higher w...
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