18 Jul 2024
USDA Daily Market Rates 07/18 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: July 18, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be...
18 Jul 2024
DTN Early Word Livestock Comments 07/18 06:20 Cash Cattle Trade Steady Live cattle futures were higher as the potential of lower cash for the week dissipated as cattle were traded in the South at steady money. Feeder cattle futures posted moderate gains except for the August contract. Hog futures showed another day of gains as the market corrected ...
18 Jul 2024
DTN Early Word Grains 07/18 05:42 Grain Markets Lower on Weather, Crop Conditions December corn is down 2 1/2 cents per bushel, November soybeans are down 6 3/4 cents, September KC wheat is down 1 1/2 cents, September Chicago wheat is down 1/4 cent and September Minneapolis wheat is up 2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GL...
17 Jul 2024
DTN Chart Technical Points 07/17 16:30 DTN FUTURES 10 7/17/24 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 SEP 539.25 538.31 557.67 565.83 630.29 33.30 33.87 38.43 13 10 7 9 CBTWT DEC 563.50 562.81 581.64 589.35 653.94 32.84 33.32 38.02 12 10 7 10 K...
17 Jul 2024
DTN Closing Livestock Comment 07/17 15:34 Traders Support the Livestock Complex through Wednesday's Close Heading into Thursday's market, be on the lookout for the day's export report and for any developments in the Northern plains for cash cattle sales. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All in all, it was another strong day fo...
17 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, July 17 Exchange rate was 1.3668 up 0.0015 Chicago corn closed slightly higher. SEP24 HI 4.00 DEC24 HI 4.13 1/4 LOW 3.95 LOW 4.08 1/4 CLOSE3.98 Up 2 1/4 CLOSE 4.11 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 +SEP24+DEC24+DEC24 CK Low 0.95 4.9...
17 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 17 Exchange rate was 1.3668 up 0.0015 Chicago soybeans closed mixed. AUG24 HI 11.02 1/2 NOV24 HI 10.50 1/2 LOW 10.90 LOW 10.38 CLOSE10.97 1/4 Up 6 3/4 CLOSE 10.41 Down 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG24+NOV24 CK Low 3...
17 Jul 2024
DTN Closing Grain Comments 07/17 13:51 Wheat Prices Rebound as US Dollar Breaks Recent Low September contracts of the three U.S. wheats finished higher Wednesday, encouraged by the U.S. Dollar Index falling to its lowest level in over three months. December corn ended up 3 cents and November soybeans were down 2 1/4 cents with bearish traders actin...
17 Jul 2024
DTN Midday Livestock Comments 07/17 11:42 Southern Live Cattle Begin to Trade at $188 Some early sales are beginning to be marked at $188 in the South, which is fully steady with last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The live cattle complex is trading higher as traders take note of the steady cash catt...
17 Jul 2024
DTN Midday Grain Comments 07/17 10:49 Corn, Wheat Futures Higher at Midday; Soybeans Flat-Higher Corn futures are 1 to 2 cents higher at midday Wednesday; soybean futures are flat to 6 cents higher; wheat futures are 13 to 15 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 1 to 2 cents higher at midday Wednesd...