14 Apr 2024
By DTN Staff OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of April 14. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com. Note that report release times are Central Daylight Time (CDT) unless otherwise noted. 1. Crop Progress update: Monday's...
13 Apr 2024
OVERLAND PARK, Kan. (DTN) -- The president of the Kansas City Federal Reserve Bank is cautioning his fellow Fed bankers to continue to "be patient" before making any preemptive moves to lower interest rates. It's more critical the Fed stick to its goal of bringing inflation rates back down to 2% levels. "We're going to push this inflation rate down...
13 Apr 2024
GRAIN BELT WX ROUNDUP Ohio Evening Temperature And Precipitation Summary National Weather Service Cleveland Ohio 925 PM EDT Fri Apr 12 2024 Values represent today's highs and lows over the last 18 hours and precipitation over the last 24 hours ending at 7 PM EST/8 PM EDT. M=Missing Data T=Trace NA=Not Available .B CLE 0412 ES DH19/TAIRZS/TAIRZI/PPD...
12 Apr 2024
DTN Chart Technical Points 04/12 16:30 DTN FUTURES 10 4/12/24 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 MAY 556.00 556.00 557.17 554.26 560.08 50.62 49.44 46.83 26 38 65 71 CBTWT JUL 570.75 570.63 572.25 569.47 569.72 50.92 50.26 47.62 25 37 65 7...
12 Apr 2024
DTN Closing Livestock Comment 04/12 15:44 External Pressures Sent the Livestock Complex Tumbling Lower It was a taxing day for the livestock complex as external pressure sent the contracts falling lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex struggled throughout all of Friday's trade which led to all three mar...
12 Apr 2024
OVERLAND PARK, Kan. (DTN) -- At an agricultural markets meeting that focused on data and futures markets, USDA's chief economist defended the agency's decision to cancel three market reports this year, including the July cattle inventory report, while noting that dropping the midyear cattle report "comes at an unfortunate time." The National Agricu...
12 Apr 2024
LINCOLN, Neb. (DTN) -- Three more dairy herds in three additional Michigan counties have tested positive for highly pathogenic avian influenza, according to state officials, in tests confirmed by the USDA's National Veterinary Services Laboratory. Earlier this week, HPAI was confirmed in dairy herds in North Carolina and South Dakota, bringing the ...
12 Apr 2024
MT. JULIET, Tenn. (DTN) -- Erik Oberbroeckling needed to find a way to support his income when he returned to the 1,200-acre family farm in 2004. The farm needed another semitruck to speed up harvest and haul grain, and when it wasn't being used during the farm's slow seasons, Oberbroeckling put it to work hauling boxed beef from a local Iowa packi...
12 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, April 12 Exchange rate was 1.3768 up 0.0104 Chicago corn closed moderately higher. MAY24 HI 4.37 1/2 DEC24 HI 4.73 1/4 LOW 4.27 LOW 4.64 1/4 CLOSE4.35 1/2 Up 6 3/4 CLOSE 4.72 Up 6 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+SEP24 CK Low 0...
12 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 12 Exchange rate was 1.3768 up 0.0104 Chicago soybeans closed slightly higher. MAY24 HI 11.79 3/4 NOV24 HI 11.81 LOW 11.54 LOW 11.59 CLOSE11.74 Up 14 3/4 CLOSE 11.76 1/4 Up 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+JUL24 CK Lo...