3 Jan 2025
FARM MARKET NEWS - CORN REPORT FOR Fri, January 3 Exchange rate was 1.4412 up 0.0039 Chicago corn closed moderately lower. MAR25 HI 4.59 3/4 DEC25 HI 4.46 1/2 LOW 4.49 1/4 LOW 4.39 CLOSE4.50 3/4 Down 8 3/4 CLOSE 4.40 3/4 Down 5 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAY25+MA...
3 Jan 2025
DTN Closing Grain Comments 01/03 14:17 Grain Markets Hit by Risk-Off Trade to Close Week Grain markets had become very technically overbought through the last week of December and traders responded Friday by taking risk out of positions as the problematic situation in Argentina remains in place through at least the first half of January, but late J...
3 Jan 2025
OMAHA (DTN) -- The Biden administration on Friday announced it would award $306 million more to address avian influenza cases in humans, especially livestock workers. The funding comes as the Biden administration has drawn criticism for its efforts to control the H5N1 highly pathogenic avian influenza in both poultry and dairy cows. The New York Ti...
3 Jan 2025
DTN Midday Livestock Comments 01/03 11:32 Fed Cash Cattle Prices Reach $315 Dressed & $197 Live New highs are being reached in the cash cattle market as dressed cattle are selling for $315 and live cattle are selling for $197. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's been an eventful morning for the cattle complex as the fed cash...
3 Jan 2025
DTN Midday Grain Comments 01/03 10:49 Corn, Soybean, Wheat Futures Lower at Midday Corn futures are 8 to 9 cents lower at midday Friday; soybean futures are 19 to 21 cents lower; wheat futures are 11 to 15 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 8 to 9 cents lower at midday Friday; soybean futures are 1...
3 Jan 2025
LINCOLN, Neb. (DTN) -- CHS Inc. closed a multi-million-dollar deal on Thursday, Jan. 2, to acquire West Central Ag Services, based in Ulen, Minnesota. CHS announced in a news release that all employees of the now CHS West Central would continue with the company. In addition, CHS said in the news release that a 50-50 joint venture called Central Pla...
3 Jan 2025
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland OH 712 AM EST Fri Jan 3 2025 Values represent highs yesterday and lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M = Missing Data T = Trace .BR CLE 0103 ES DH00/TAIRZX/DH07/TAIRZP/PPDRZZ/SFDR...
3 Jan 2025
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/03/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,685 WEEK TO DATE: 9,266 STEERS LIVE FOB 804 197.00-197.00 197.00-197.00 197.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 477 197.00-197.00 197.00-197.00 197.00 HEIFERS LIVE DELIVERED No report...
3 Jan 2025
DTN Early Word Livestock Comments 01/03 06:18 Feedlots Hold For Higher Prices Live cattle futures pushed to new contract highs thursday while feeder cattle extended their pattern of new highs. Higher cash cattle trade fueled trader buying interest. Hog futures struggled for the first two hours but finally found some footing as traders bought the br...
3 Jan 2025
DTN Early Word Grains 01/03 05:45 Grain Markets Lower After Mixed Start to 2025 March corn is down 1 1/2 cents per bushel, March soybeans are down 6 cents, March KC wheat is down 3 cents, March Chicago wheat is down 2 cents and March Minneapolis wheat is down 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: March...