8 Nov 2024
DTN Early Word Grains 11/08 05:57 Grain Markets Mixed Ahead of USDA November Supply, Demand Report December corn is up 1/4 cent per bushel, January soybeans are down 5 1/4 cents, December KC wheat is down 4 1/2 cents, December Chicago wheat is down 2 1/4 cents and December Minneapolis wheat is down 5 cents. Kent Beadle, DTN Contributing Analyst EAR...
7 Nov 2024
OMAHA (DTN) -- A key farmer and co-leader for the Farmers and Ranchers for Trump Coalition said trade should be the biggest immediate priority for agriculture when President-elect Donald Trump takes over in January. Kip Tom was Trump's ambassador to the United Nations Agencies for Food and Agriculture. An Indiana farmer, Tom's name has been mention...
7 Nov 2024
DTN Chart Technical Points 11/07 16:30 DTN FUTURES 10 11/07/24 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 571.50 571.50 569.67 573.94 580.82 46.03 46.60 47.98 59 54 24 22 CBTWT MAR 589.00 589.63 588.89 593.60 601.00 42.94 44.70 47.18 54 49 19 ...
7 Nov 2024
DTN Closing Livestock Comment 11/07 15:57 Boxed Beef Prices and Pork Cutout Values Dip Lower Heading into Friday's trade the market will be closely watching for the mid-morning WASDE report and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as although ...
7 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago corn closed slightly higher. DEC24 HI 4.28 1/2 DEC25 HI 4.47 3/4 LOW 4.22 1/4 LOW 4.42 1/4 CLOSE4.27 1/2 Up 1 1/4 CLOSE 4.47 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR2...
7 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago soybeans closed moderately higher. JAN25 HI 10.27 3/4 NOV25 HI 10.49 LOW 10.00 1/2 LOW 10.29 1/4 CLOSE10.26 1/4 Up 22 1/2 CLOSE 10.48 3/4 Up 16 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
7 Nov 2024
DTN Closing Grain Comments 11/07 14:51 Soybean Futures Show Strength Despite Likely Record Production The market tone for Thursday was much more subdued compared to Wednesday as traders have now had a full day to digest the implications of a second Trump term. Soybeans have had a very impressive turn, posting over a 40-cent move from Wednesday morn...
7 Nov 2024
DTN Midday Livestock Comments 11/07 11:41 Weak Exports Push the Hog Complex Lower There's a single bid currently being offered in the North at $186, but still no sales have developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are trading mostly higher into Thursday's noon hour, but the l...
7 Nov 2024
DTN Midday Grain Comments 11/07 10:56 Soybean Futures Higher at Midday; Corn, Wheat Lower Corn futures are 1 to 2 cents lower at midday Thursday; soybean futures are 4 to 5 cents higher; wheat futures are 5 to 8 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 1 to 2 cents lower at midday Thursday; soybean futur...
7 Nov 2024
November 7, 2024 Portland Price Trends 11-01-23 01-01-24 10-01-24 10-31-24 11-07-24 #1 SWW (bus) 6.85 6.65 6.00 6.00 6.05 White Club 7.35 7.15 6.15 6.15 6.20 DNS 14% 7.94 8.03 7.05 6.75 6.75 HRW 11.5% 6.74 6.97 6.53 6.42 6.42 #2 Corn (ton) 237.00 232.00 216.00 207.00 215.00 #2 Barley 280.00 180.00 150.00 150.00 150.00 Wheat...Another relatively qui...