14 Nov 2024
By Todd Neeley, DTN Environmental Editor, and Chris Clayton, DTN Ag Policy Editor LINCOLN, Neb. (DTN) -- The Illinois Farm Bureau sued the American Farm Bureau Federation on Wednesday after the national group voted to oust the Illinois chapter and its 70,000 farmer members. The lawsuit seeks to halt the AFBF's decision, which takes effect on Dec. 2...
13 Nov 2024
DTN Chart Technical Points 11/13 16:30 DTN FUTURES 10 11/13/24 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 541.00 557.81 565.03 568.64 579.54 22.60 30.95 40.60 21 37 20 25 CBTWT MAR 556.50 572.88 581.97 587.13 599.35 19.45 28.44 39.27 19 30 14 ...
13 Nov 2024
DTN Closing Livestock Comment 11/13 15:31 Bids Surface but Feedlots Continue to Hold Out for More Money Packers threw some soft bids of the table around noon, but feedlot managers weren't impressed and elected to see what develops later this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lackluster day for the livestock compl...
13 Nov 2024
By Todd Neeley, DTN Environmental Editor, and Chris Clayton, DTN Ag Policy Editor LINCOLN, Neb. (DTN) -- The Illinois Farm Bureau sued the American Farm Bureau Federation on Wednesday after the national group voted to oust the Illinois chapter and its 70,000 farmer members. The lawsuit seeks to halt the AFBF's decision, which takes effect on Dec. 2...
13 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, November 13 Exchange rate was 1.3977 up 0.0046 Chicago corn closed slightly lower. DEC24 HI 4.29 3/4 DEC25 HI 4.43 1/2 LOW 4.24 1/4 LOW 4.38 CLOSE4.26 1/2 Down 2 CLOSE 4.40 1/4 Down 2 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 ...
13 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 13 Exchange rate was 1.3977 up 0.0046 Chicago soybeans closed slightly lower. JAN25 HI 10.12 3/4 NOV25 HI 10.32 3/4 LOW 10.01 3/4 LOW 10.20 CLOSE10.07 3/4 Down 2 3/4 CLOSE 10.28 1/2 Down 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN...
13 Nov 2024
DTN Closing Grain Comments 11/13 13:38 Row-Crop Markets Continue To Sell Off Midway Through Week Ag markets continue to remove risk premium, albeit to a lesser extent now that we are 2 1/2 trading sessions removed from the November USDA report. Wednesday's pressure could be attributed to overall market weakness in vegetable oils, which had been soa...
13 Nov 2024
OMAHA (DTN) -- Average retail prices of most fertilizers continued to move higher during the first week of November 2024, according to sellers surveyed by DTN. Prices for seven of the eight major fertilizers were up from last month, while the price of the eighth was down slightly. But once again, no fertilizer had a significant price increase or de...
13 Nov 2024
DTN Midday Livestock Comments 11/13 12:03 Cattle Push Higher Wednesday, While Hogs Fall Back Cash cattle asking prices are noted in the South at $188 to $189 but are still unestablished in the North. No trade has developed yet but packer interest could improve later Wednesday afternoon. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The liv...
13 Nov 2024
LINCOLN, Neb. (DTN) -- South Dakota farmer Arlen Foster will have his long-fought wetlands determination case heard again by the same federal court that previously rejected his request for a rehearing. The U.S. Court of Appeals for the Eighth Circuit remanded that case back to the U.S. District Court for the District of South Dakota as a result of ...