7 Jan 2025
USDA Daily Market Rates 01/07 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: January 07, 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 not...
7 Jan 2025
DTN Early Word Livestock Comments 01/07 06:24 Traders Should Remain Aggressive Buyers The strength of cash cattle last week supported cattle futures on Monday. Feedlots and traders are optimistic higher cash prices will again unfold this week. Hog futures showed impressive resilience despite the continued weakness of cutouts. Robin Schmahl DTN Cont...
7 Jan 2025
OMAHA (DTN) -- If, or when, President-elect Donald Trump imposes new tariffs on China, analysts at RaboResearch expect China will retaliate immediately and target commodities, especially soybeans. The impact of Chinese tariffs on American soybeans may be less severe than 2018-19 on United States producers, mainly because China has made itself less ...
7 Jan 2025
DTN Early Word Grains 01/07 05:47 Grain Markets Lower as Corn, Soybeans Retreat From Resistance Levels March corn is down 2 1/2 cents per bushel, March soybeans are down 8 cents, March KC wheat is up 1 1/2 cents, March Chicago wheat is down 1 1/2 cents and March Minneapolis wheat is up 2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GL...
7 Jan 2025
WASHINGTON, Jan. 7, 2025 — Today, Agriculture Secretary Tom Vilsack praised President Biden’s designation of a new national monument Sáttítla Highlands National Monument in Northern California. The designation protects Tribal ancestral homelands, historic and scientific treasures, rare flora and fauna, and underground aquifers at the headwaters of ...
6 Jan 2025
LAS VEGAS (DTN) -- John Deere on Monday revealed at CES 2025 here a second-generation autonomy platform for both new and existing tractors. Deere also put forward plans to expand its autonomy footprint to tractors used in orchards, articulated trucks used in quarries and mowers used to maintain commercial landscapes. "The pace of our autonomy solut...
6 Jan 2025
DTN Chart Technical Points 01/06 16:30 DTN FUTURES 10 1/06/25 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 540.50 541.75 542.00 545.33 558.08 45.82 44.11 42.92 35 50 35 37 CBTWT MAY 552.50 553.38 553.06 555.82 568.09 47.12 45.22 43.49 37 53 38 3...
6 Jan 2025
DTN Closing Livestock Comment 01/06 15:57 Higher Tones Summarize Livestock Complex at Monday's Close The strong bullish trajectory continues to be the theme of the cattle complex again this week which is helping keep the contracts elevated and trading higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly...
6 Jan 2025
LINCOLN, Neb. (DTN) -- If it seems everyone you know is showing up to local ag land auctions, it should come as no surprise. A new report from Farmers National Company, one of the largest farm and ranch management and real estate companies in the country, said there are more potential buyers than sellers in the market. That lack of balance between ...
6 Jan 2025
FARM MARKET NEWS - CORN REPORT FOR Mon, January 6 Exchange rate was 1.4311 down 0.0101 Chicago corn closed slightly to moderately higher. MAR25 HI 4.60 1/4 DEC25 HI 4.47 1/2 LOW 4.51 1/2 LOW 4.41 1/2 CLOSE4.57 3/4 Up 7 CLOSE 4.45 1/2 Up 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR...