6 Feb 2025
DTN Early Word Grains 02/06 05:48 Grain Markets Higher, Rebounding From Wednesday's Small Correction March corn is up 2 cents per bushel, March soybeans are up 8 3/4 cents, March KC wheat is up 3/4 cent, March Chicago wheat is up 1/4 cent and March Minneapolis wheat is steady. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: ...
6 Feb 2025
USDA Daily Market Rates 02/06 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 06, 2025 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 no...
5 Feb 2025
OMAHA (DTN) -- Jennifer James was the last of 11 farmers to testify Wednesday before a marathon session of the U.S. Senate Agriculture Committee. Her testimony was the hardest to hear. Farmers representing corn, soybeans, wheat, cotton, rice, sorghum, peanuts, sugar beets and barley all talked about the per-acre financial losses their fellow produc...
5 Feb 2025
DTN Closing Livestock Comment 02/05 16:09 Traders Continued to Support Livestock Contracts Through Thursday's Close Heading into Thursday's trade be prepared for the morning's export report and packer demand should improve in the cash cattle market as well. Rick Kment DTN Analyst GENERAL COMMENTS: The livestock complex was able to see better techni...
5 Feb 2025
DTN Chart Technical Points 02/05 16:30 DTN FUTURES 10 2/05/25 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 572.25 568.88 558.81 552.29 548.61 63.10 60.08 54.21 80 81 86 75 CBTWT MAY 584.50 581.00 571.81 565.01 559.84 63.42 60.42 54.47 81 81 86 7...
5 Feb 2025
FARM MARKET NEWS - CORN REPORT FOR Wed, February 5 Exchange rate was 1.4286 down 0.0007 Chicago corn closed narrowly mixed. MAR25 HI 4.98 1/2 DEC25 HI 4.69 1/2 LOW 4.89 3/4 LOW 4.65 3/4 CLOSE4.93 1/4 Down 1 1/4 CLOSE 4.68 1/2 Up 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY25+MAY25+J...
5 Feb 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 5 Exchange rate was 1.4286 down 0.0007 Chicago soybeans closed slightly to moderately lower. MAR25 HI 10.79 3/4 NOV25 HI 10.74 1/2 LOW 10.53 LOW 10.56 CLOSE10.57 Down 18 CLOSE 10.62 1/2 Down 11 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MA...
5 Feb 2025
ALTOONA, Iowa (DTN) -- As the Trump administration appears to be moving at light speed to implement its agenda, biofuels industry officials said on Tuesday they still are trying to get a read on how a U.S. Environmental Protection Agency led by Lee Zeldin will approach the big-ticket issues for biofuels producers and farmers. That includes the need...
5 Feb 2025
DTN Closing Grain Comments 02/05 13:56 Row-Crop Markets Relax Lower After Firm First Half of Week Roller-coaster-like price action continues to be the feature of row-crop markets as grain markets corrected downward led by a heavily down soybean complex. Corn and soy markets in particular stand at a crossroads in price action with both on the cusp o...
5 Feb 2025
DTN Midday Livestock Comments 02/05 11:46 After a Rough Start to the Week, Livestock Contracts are Trading Higher Again Some light trade has been reported in the North at $328, but otherwise the market is still waiting to trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After enduring immense pressure earlier in the week, the livestock...