18 Apr 2024
DTN Chart Technical Points 04/18 16:30 DTN FUTURES 10 4/18/24 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 536.75 543.81 551.67 552.94 555.32 34.49 39.58 42.86 13 21 33 50 CBTWT JUL 553.00 559.38 566.72 568.28 566.19 36.08 40.92 43.78 14 22 34 5...
18 Apr 2024
DTN Closing Livestock Comment 04/18 15:52 Hog Price Down, Cattle See Support Through Thursday Heading into Friday's trade, be prepared for the afternoon's Cattle on Feed report and watch for any cash cattle trade that develops. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed as traders were willing to advan...
18 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, April 18 Exchange rate was 1.3761 up 0.0013 Chicago corn closed slightly lower. MAY24 HI 4.31 DEC24 HI 4.64 1/2 LOW 4.26 1/4 LOW 4.59 1/2 CLOSE4.26 3/4 Down 3 1/2 CLOSE 4.60 Down 4 3/4 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 ...
18 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 18 Exchange rate was 1.3761 up 0.0013 Chicago soybeans closed slightly lower. MAY24 HI 11.49 3/4 NOV24 HI 11.61 LOW 11.33 LOW 11.48 1/4 CLOSE11.34 1/4 Down 15 1/4 CLOSE 11.49 1/4 Down 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+...
18 Apr 2024
DTN Closing Grain Comments 04/18 13:52 US Row-Crop Prices Sag Under Harvest Pressure Thursday July corn was down 4 3/4 cents and July soybeans were down 15 1/4 cents, continuing to droop, while the top two U.S. soybean competitors make progress with their 2024 harvests. July Chicago wheat was up 3/4 cent, managing a slight gain after USDA reported ...
18 Apr 2024
WASHINGTON (DTN) -- While U.S. agriculture looks to boost its export sales globally, the European Union (EU) is launching a campaign to sell more of its high-end food and beverage products to the United States. European food and agricultural exporters maintain a strong positive trade balance with the U.S. -- more than $16.2 billion last year -- but...
18 Apr 2024
DTN Midday Livestock Comments 04/18 11:47 Hogs Dip Lower After Disappointment in Thursday's Export Report Packer interest could improve throughout the afternoon but trade will likely be delayed until Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's been quite a day for the livestock complex as the morning's export report didn't l...
18 Apr 2024
OMAHA (DTN) -- Friday's April 1 USDA Cattle on Feed report isn't expected to ruffle the market's feathers and send the complex tumbling lower. However, it is unnerving to note the increase in total on-feed numbers amid weaker marketings as, seasonally, this can become problematic for the industry, as showlists naturally grow larger over the summer....
18 Apr 2024
DTN Midday Grain Comments 04/18 10:52 Corn and Beans Lower, Wheat Higher at Midday Thursday Corn trade is 3-4 cents lower. Beans are 10-12 cents lower and wheat trade is 2-9 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday Thursday with the S&P 30 points higher. The dollar index is up 7...
18 Apr 2024
April 18, 2024 Portland Price Trends 04-01-23 08-01-23 03-01-24 04-11-24 04-18-24 #1 SWW (bu) 7.65 7.05 5.80 5.85 5.70 White Club 7.65 7.30 6.05 5.85 5.70 DNS 14% 9.77 9.05 7.34 7.31 7.27 HRW 11.5% 10.08 8.24 6.34 6.56 6.50 #2 Corn (ton) 290.00 254.00 213.00 220.00 218.00 #2 Barley 240.00 210.00 180.00 155.00 155.00 Wheat...West coast wheat markets...