2 May 2024
DTN Early Word Livestock Comments 05/02 06:25 Markets May See Further Liquidation Thursday The news of the avian flu in cattle is running rampant with numerous articles detailing concerns about the impacts this may have on people if it becomes more widespread. Cattle futures sunk Wednesday under the weight of these articles, taking hog futures down...
2 May 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 841 AM EDT Thu May 2 2024 Values represent highs yesterday...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 NA=Not Available : .BR CLE 0502 ES DH00/TAIRZX/DH07/TAI...
2 May 2024
DTN Early Word Grains 05/02 05:45 Grain Markets Higher Thursday Morning on Planting Worries and Challenges in World Wheat Production Areas July corn is up 5 cents per bushel, July soybeans are up 10 1/4 cents, July KC wheat is up 10 cents, July Chicago wheat is up 11 cents and July Minneapolis wheat is up 2 1/2 cents. Kent Beadle, DTN Contributing ...
2 May 2024
My Uncle Arne was a major part of my childhood and young adult years on the family farm in the Sandhills of north-central Nebraska. An Army veteran and grade-school teacher, Arne taught for more than 35 years in several rural Nebraska schools. During the summer months, he worked on the farm with my dad, grandpa, younger brother, and me. I have many...
1 May 2024
DTN Closing Livestock Comment 05/01 16:03 Pressure Galore on the Livestock Complex Heading into Thursday's market be watching for the day's export report and any developments in the cash cattle complex. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a rough day throughout the livestock complex as the market saw pressure abound techni...
1 May 2024
DTN Chart Technical Points 05/01 16:30 DTN FUTURES 10 5/01/24 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 581.50 590.00 584.69 568.18 557.28 56.05 56.20 52.28 29 55 74 83 CBTWT JUL 599.25 608.31 602.64 584.68 571.45 56.46 56.98 53.32 30 55 74 8...
1 May 2024
OMAHA (DTN) -- After a couple of growing seasons with major drought issues, the forage outlook appears to be positive heading into the 2024 growing seasons. While there are some pockets where drought is continuing to hang on, more moisture has been present this winter into spring in many areas. Despite this outlook, the forage crop will certainly f...
1 May 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, May 1 Exchange rate was 1.3713 down 0.0035 Chicago corn closed slightly higher. JUL24 HI 4.51 1/2 DEC24 HI 4.73 1/2 LOW 4.43 3/4 LOW 4.66 CLOSE4.50 3/4 Up 4 CLOSE 4.72 3/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low ...
1 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 1 Exchange rate was 1.3713 down 0.0035 Chicago soybeans closed slightly higher. JUL24 HI 11.71 1/2 NOV24 HI 11.66 LOW 11.56 1/4 LOW 11.53 3/4 CLOSE11.70 1/4 Up 7 1/4 CLOSE 11.65 Up 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+AU...
1 May 2024
DTN Closing Grain Comments 05/01 13:50 Row-Crop Prices Cautiously Higher; Winter Wheat Falls Back December corn ended up 3 1/4 cents and November soybeans were up 5 1/2 cents Wednesday, the day after the U.S. Energy Department issued guidelines for the production of sustainable aviation fuel. July KC wheat closed down 10 1/4 cents, a third day lowe...