18 Jan 2024
DTN Early Word Livestock Comments 01/18 06:20 Packers May Increase Bids Thursday Most futures contracts in the livestock markets closed higher as earlier weakness gave way to higher prices at the close Wednesday. Some bids for cattle indicate packers may be more aggressive this week. Hog futures liquidation might have run its course. Robin Schmahl ...
18 Jan 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 743 AM EST Thu Jan 18 2024 Values represent highs yesterday...lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M=Missing Data T=Trace NA=Not Available : .BR CLE 0118 ES DH00/TAIRZX/DH07/TA...
18 Jan 2024
DTN Early Word Grains 01/18 05:57 Grain Markets Mostly Higher, Bouncing From Oversold Conditions March corn is up 2 1/2 cents per bushel, March soybeans are up 8 cents, March KC wheat is up 1 3/4 cents, March Chicago wheat is down 1/2 cent and March Minneapolis wheat is up 6 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET ...
17 Jan 2024
DTN Chart Technical Points 01/17 16:30 DTN FUTURES 10 1/17/24 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 582.50 591.06 601.19 609.74 605.29 34.97 40.26 45.33 18 29 18 27 CBTWT MAY 594.50 604.31 613.86 621.75 617.92 34.16 39.65 44.86 17 31 19 2...
17 Jan 2024
DTN Closing Livestock Comment 01/17 15:47 Livestock Futures Shift Higher in Afternoon Trade Early pressure in livestock futures Wednesday morning was offset by moderate to firm late-day buying interest moving back into the lightly traded livestock complex. Firm gains developed in most cattle and lean hog contracts, offsetting some of the pressure o...
17 Jan 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 17 Exchange rate was 1.3503 up 0.0016 Chicago soybeans closed slightly to moderately lower. MAR24 HI 12.31 NOV24 HI 12.04 LOW 12.05 LOW 11.87 3/4 CLOSE12.05 3/4 Down 21 1/2 CLOSE 11.89 Down 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +...
17 Jan 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, January 17 Exchange rate was 1.3503 up 0.0016 Chicago corn closed slightly lower. MAR24 HI 4.48 1/4 DEC24 HI 4.80 1/4 LOW 4.40 LOW 4.74 CLOSE4.42 1/4 Down 1 1/4 CLOSE 4.75 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+MAY24 CK Lo...
17 Jan 2024
DTN Closing Grain Comments 01/17 13:51 Soybean Prices Extend Losses, Ignore Lower Brazil Crop Estimates March soybeans fell 21 1/2 cents to their lowest close in seven months, ignoring lower crop estimates for Brazil on social media, while pressured by the anticipation of more rain ahead. March contracts of KC and Minneapolis wheat fell to new cont...
17 Jan 2024
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the second week of January 2024 continue to show mostly declines compared to last month. For the third consecutive week, six of the eight major fertilizers were lower in price compared to last month, while the remaining two fertilizers were slightly higher. DTN designates a significant move...
17 Jan 2024
DTN Midday Livestock Comments 01/17 11:50 Price Pressure Develops Wednesday Widespread weakness across most commodity and financial markets Wednesday have led to softness in livestock futures during morning trade. Lean hog futures are attempting to stabilize at midday, although the market still remains generally weak. Rick Kment DTN Analyst GENERAL...