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...
6 Jan 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 6 Exchange rate was 1.4311 down 0.0101 Chicago soybeans closed slightly higher. MAR25 HI 10.09 3/4 NOV25 HI 10.22 3/4 LOW 9.93 1/4 LOW 10.08 CLOSE9.97 3/4 Up 6 CLOSE 10.13 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY2...
6 Jan 2025
DTN Closing Grain Comments 01/06 13:50 Grain Markets Strong to Begin USDA Report Week Grain markets came out of the gate strong Sunday evening and continued that strength into Monday's session as traders continue to focus on the dry weather outlook in Argentina and southern Brazil. Traders are also shifting their focus to Friday's USDA events, whic...
6 Jan 2025
DTN Midday Livestock Comments 01/06 11:43 Cattle Continue to Press Higher The livestock complex is again trading mixed as cattle are met with ample support, but the lean hog complex continues to venture lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is again trading mixed as the cattle sector is met with ample s...
6 Jan 2025
OMAHA (DTN) -- Smithfield Foods on Monday filed documents with the Securities and Exchange Commission (SEC) to hold an initial public offering of shares on Nasdaq. Smithfield would trade common stock under the "SFD" ticker symbol. The timing, number of shares and price range for the proposed IPO have not been determined, Smithfield stated in a news...
6 Jan 2025
DTN Midday Grain Comments 01/06 10:49 Corn, Soybean, Wheat Futures Higher at Midday Corn futures are 8 to 9 cents higher at midday Monday; soybean futures are 9 to 10 cents higher; wheat futures are 12 to 14 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 8 to 9 cents higher at midday Monday; soybean futures a...
6 Jan 2025
LINCOLN, Neb. (DTN) -- Riverview Farms will move forward with the construction of a $90 million, 12,500-head dairy south of Fargo, North Dakota, in Richland County, after the North Dakota Department of Environmental Quality issued a state animal feeding operation permit late last week. The number of dairies has been on a steady decline in North Dak...
6 Jan 2025
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/06/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
6 Jan 2025
DTN Early Word Livestock Comments 01/06 06:17 Cattle Futures Should Maintain Uptrend Even though cattle futures closed lower Friday, the losses did not damage the uptrend. Traders decided to take profits despite the bullish fundamentals. Hog futures remained under pressure, making another low and closing lower. Robin Schmahl DTN Contributing Analys...