5 Dec 2024
DTN Early Word Grains 12/05 05:48 Grain Markets Mixed With Technical Support in Wheat, Expectations for Strong Soybean Export Sales March corn is steady, January soybeans are up 4 1/2 cents, March KC wheat is up 4 3/4 cents, March Chicago wheat is up 4 1/2 cents and March Minneapolis wheat is up 6 1/2 cents. Kent Beadle, DTN Contributing Analyst EA...
4 Dec 2024
DTN Chart Technical Points 12/04 16:30 DTN FUTURES 10 12/04/24 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 DEC 538.00 536.13 538.94 544.33 566.93 40.37 39.96 41.83 44 34 16 18 CBTWT MAR 548.25 547.75 554.17 560.39 585.79 31.00 33.88 39.02 26 19 9 1...
4 Dec 2024
DTN Closing Livestock Comment 12/04 15:45 Wednesday Mostly Uneventful as Livestock Contracts Closed Lower It was a lackadaisical day for the livestock complex as traders let the contracts drift lower through Wednesday's end as fundamental support didn't develop as they had hoped for. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a q...
4 Dec 2024
LINCOLN, Neb. (DTN) -- Whether the Biden administration releases 45Z Clean Fuels Production tax credit guidance may be a moot point, an agricultural economist said during a webinar on Wednesday, because the Inflation Reduction Act and its various tax incentives may be on the chopping block by the incoming Trump administration. On Tuesday, DTN repor...
4 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, December 4 Exchange rate was 1.4061 up 0.0005 Chicago corn closed slightly lower. MAR25 HI 4.33 1/2 DEC25 HI 4.31 1/4 LOW 4.29 1/2 LOW 4.28 1/2 CLOSE4.30 Down 2 1/4 CLOSE 4.29 Down 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY25 C...
4 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 4 Exchange rate was 1.4061 up 0.0005 Chicago soybeans closed slightly lower. JAN25 HI 9.92 NOV25 HI 10.07 1/4 LOW 9.80 1/2 LOW 9.97 3/4 CLOSE9.83 3/4 Down 8 CLOSE 10.00 3/4 Down 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+...
4 Dec 2024
DTN Closing Grain Comments 12/04 13:58 Ag Futures Erase Tuesday Gains as Markets Continue Choppy Action Most agricultural commodity markets were moderately lower Wednesday as the trade seems largely to be ignoring fundamental clues, bullish or bearish, in favor of cautious technical trade ahead of new USDA numbers early next week. Outside market in...
4 Dec 2024
DTN Midday Livestock Comments 12/04 11:44 Bids Surface in Nebraska, But No Cash Cattle Sales Reported Yet Traders seem to hold the livestock contracts from trading any higher as they look for fundamental support to surface. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex has hit a bit of a speed bump midweek as traders ...
4 Dec 2024
DTN Midday Grain Comments 12/04 10:54 Corn, Soybean, Wheat Futures All Lower at Midday Corn futures are 1 to 2 cents lower at midday Wednesday; soybean futures are 7 to 9 cents lower; wheat futures are 3 to 6 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 1 to 2 cents lower at midday Wednesday; soybean futures...
4 Dec 2024
WASHINGTON, Dec. 4, 2024 – The Biden-Harris Administration today announced that the U.S. Department of Agriculture (USDA) supported more than 23,000 climate-focused conservation contracts funded by the Inflation Reduction Act. These investments cover over 11 million acres in fiscal year 2024, contributing to the highest total investment in private ...