20 Nov 2024
DTN Closing Livestock Comment 11/20 16:03 Livestock Complex Closes Mixed With Hope of Better Fundamental Support Heading into Thursday's trade traders will be eager to see Thursday's export report and given that both boxed beef prices and pork cutout values have been pressured recently, the markets are hoping for excellent demand. ShayLe Stewart DT...
20 Nov 2024
DTN Chart Technical Points 11/20 16:30 DTN FUTURES 10 11/20/24 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 DEC 552.50 546.50 549.72 559.69 575.38 45.05 43.57 44.60 64 42 25 16 CBTWT MAR 572.25 564.94 566.61 577.75 595.13 46.70 44.21 44.60 69 45 25 ...
20 Nov 2024
MINNEAPOLIS (DTN) -- As Congress looks to craft a disaster package, Republican senators are making the case that disaster aid for farmers should be broader than just those producers hit by hurricanes this fall and include "market-related disasters." The U.S. Senate Appropriations Committee held a hearing Wednesday with officials from multiple feder...
20 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, November 20 Exchange rate was 1.3972 up 0.0015 Chicago corn closed slightly higher. DEC24 HI 4.32 DEC25 HI 4.42 1/2 LOW 4.24 3/4 LOW 4.36 1/2 CLOSE4.30 1/4 Up 3 CLOSE 4.41 Up 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK Low ...
20 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 20 Exchange rate was 1.3972 up 0.0015 Chicago soybeans closed slightly lower. JAN25 HI 10.01 1/2 NOV25 HI 10.22 3/4 LOW 9.85 1/4 LOW 10.09 3/4 CLOSE9.90 1/2 Down 8 CLOSE 10.15 1/4 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25...
20 Nov 2024
DTN Closing Grain Comments 11/20 13:44 Corn, Wheat Find Strength; Soybeans Falter During Midweek Trade Corn and wheat markets continued to find buying support halfway through the week, while the soybean complex continued to struggle with the weight of "so far, so good" weather in South America. Demand prospects remain very good, especially for corn...
20 Nov 2024
DTN Midday Livestock Comments 11/20 11:50 Hogs Jump Higher while Cattle Pause Their Rally No trade has developed yet in the cash cattle market and it is likely trade will be delayed until Thursday or Friday as packers again hope to get cattle bought cheaper. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is seeing mixe...
20 Nov 2024
DTN Midday Grain Comments 11/20 11:03 Corn, Wheat Futures Higher at Midday; Soybeans Lower Corn futures are 1 to 3 cents higher at midday Wednesday; soybean futures are 7 to 8 cents lower; wheat futures are 3 to 5 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 1 to 3 cents higher at midday Wednesday; soybean ...
20 Nov 2024
Editor's Note: U.S. wheat farmers entered the National Wheat Yield Contest in record numbers in 2024. DTN is featuring details about the fields and farmers and their winning entries in several profiles. Today, we present the Bin Buster winner in the dryland winter wheat category. ** JEFFERSON CITY, Mo. (DTN) -- In Oregon's Willamette River Valley, ...
20 Nov 2024
OMAHA (DTN) -- Most average retail fertilizer prices continued to be higher than they were a month ago during the second week of November 2024, according to sellers surveyed by DTN. For the second week in a row, prices for seven of the eight major fertilizers were up from last month, while the price of the remaining fertilizer was down. Once again,...