1 Nov 2024
DTN Early Word Livestock Comments 11/01 06:23 Livestock Futures May Drift Into Weekend Thursday cattle showed another day with traders holding back waiting for further direction from cash and boxed beef. Hog futures showed some unwinding of spreads, resulting in deferred contracts making new highs. Robin Schmahl DTN Contributing Analyst Cattle: Ste...
1 Nov 2024
DTN Early Word Grains 11/01 05:46 Grain Markets Higher Led by Strong World Veg-Oil Prices December corn is up 2 1/4 cents per bushel, January soybeans are up 8 3/4 cents, December KC wheat is up 4 3/4 cents, December Chicago wheat is up 5 1/4 cents and December Minneapolis wheat is up 2 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING...
31 Oct 2024
REDFIELD, Iowa (DTN) -- Protecting the country's swine herd is at top of mind after a case of H5N1 influenza was found in a pig in Oregon. Three pigs on an Oregon farm were tested following confirmation of highly pathogenic avian influenza in the poultry flock on that farm last week. The strain is consistent with that of migratory wild birds. Only ...
31 Oct 2024
DTN Chart Technical Points 10/31 16:30 DTN FUTURES 10 10/31/24 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 570.50 568.25 572.25 581.04 580.12 43.85 45.50 47.65 49 35 15 16 CBTWT MAR 590.25 588.44 592.28 601.92 600.49 43.02 44.94 47.43 49 35 14 ...
31 Oct 2024
DTN Closing Livestock Comment 10/31 15:36 Lower, Lackadaisical Tones Push Most Livestock Contracts Lower Through Thursday's Close Heading into Friday's market the livestock complex isn't expecting to find much support as traders seem opposed to doing much with the market at this point in the week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMEN...
31 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, October 31 Exchange rate was 1.3891 up 0.0011 Chicago corn closed narrowly mixed. DEC24 HI 4.12 3/4 DEC25 HI 4.42 1/2 LOW 4.09 1/4 LOW 4.39 1/4 CLOSE4.10 3/4 Down 3/4 CLOSE 4.40 3/4 Up 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+MAR25...
31 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 31 Exchange rate was 1.3891 up 0.0011 Chicago soybeans closed slightly higher. JAN25 HI 9.99 1/4 NOV25 HI 10.34 3/4 LOW 9.88 1/4 LOW 10.24 3/4 CLOSE9.94 1/2 Up 3 1/4 CLOSE 10.33 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JAN2...
31 Oct 2024
By DTN Staff OMAHA (DTN) -- The average daily close of the December corn futures contract was $4.16 during October, while the November soybean contract was $10 per bushel. The averages are an important piece of price discovery that underpins many crop insurance policies, which use the higher of either the harvest price or the spring projected price...
31 Oct 2024
DES MOINES, Iowa (DTN) -- USDA is planning to test raw bulk milk nationally for the H5N1 bird flu virus because of the growing number of cases during the past month in California dairy herds and the finding of a different strain of highly pathogenic avian influenza on a small Oregon farm that infected at least one pig. Agriculture Secretary Tom Vil...
31 Oct 2024
DTN Closing Grain Comments 10/31 13:43 Corn, Soybeans Close Mixed, Wheat Lower in Halloween Trade It was another mostly quiet day of position-squaring in the grain markets as soybeans closed up but slightly off their highs. Corn acted early like it wanted to follow soybeans lead but was dragged slightly lower by wheat. Wheat remains the most volati...