25 Oct 2024
USDA Daily Market Rates 10/25 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 25, 2024 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...
25 Oct 2024
DTN Early Word Livestock Comments 10/25 06:20 Traders Will Position Ahead of the Cattle of Feed Report Friday Cattle futures received a shot in the arm as cash cattle traded higher on Thursday. Futures adjusted to the higher cash and may trade mixed Friday ahead of the Cattle on Feed report. Hog futures showed some unwinding of spreads Thursday wit...
25 Oct 2024
DTN Early Word Grains 10/25 05:48 Grain Markets Lower After Correction in Palm Oil, Thursday's Break in Energy Prices December corn is down 2 3/4 cents per bushel, November soybeans are down 7 3/4 cents, December KC wheat is down 6 1/4 cents, December Chicago wheat is down 6 1/2 cents and December Minneapolis wheat is down 4 cents. Kent Beadle, DTN...
25 Oct 2024
OMAHA (DTN) -- In the stretch of a few weeks, Indiana farmer Kip Tom was hitting state fairs, farm shows and debates in late summer to talk about the rural economy, regulations and trade under the Biden-Harris administration. Tom is a former U.S. ambassador to the United Nations Agencies for Food and Agriculture under former President Donald Trump....
25 Oct 2024
OMAHA (DTN) -- The DTN/Progressive Farmer Pulse of Rural America Poll reveals strong support for former President Donald Trump and highlights some of the top issues on the minds of farmers as they go to the ballot box. The survey included 1,393 rural Americans from 46 states. The top five states for responses came from Illinois, Indiana, Iowa, Minn...
24 Oct 2024
DTN Closing Livestock Comment 10/24 16:16 Cash Cattle Prices Jump $2.00 Higher Southern live cattle have traded for $190 and northern dressed cattle have traded for $298 -- both of which are $2.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a thrilling day for the livestock complex as the ...
24 Oct 2024
DTN Chart Technical Points 10/24 16:30 DTN FUTURES 10 10/24/24 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 581.50 577.06 580.03 589.82 576.20 47.87 49.19 50.22 43 30 17 24 CBTWT MAR 600.75 596.88 600.31 611.33 596.64 46.32 48.31 49.92 40 27 16 ...
24 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, October 24 Exchange rate was 1.3829 up 0.0010 Chicago corn closed slightly higher. DEC24 HI 4.24 DEC25 HI 4.45 3/4 LOW 4.18 1/4 LOW 4.41 1/4 CLOSE4.21 1/2 Up 2 1/2 CLOSE 4.43 1/2 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 ...
24 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 24 Exchange rate was 1.3829 up 0.0010 Chicago soybeans closed narrowly mixed. NOV24 HI 10.12 1/4 NOV25 HI 10.45 LOW 9.94 1/4 LOW 10.31 3/4 CLOSE9.96 1/4 Down 1 1/4 CLOSE 10.36 1/4 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JAN2...
24 Oct 2024
DTN Closing Grain Comments 10/24 13:43 Grains Post Modest Gains on Bullish Export Demand It was a mixed session across agricultural commodities Thursday with corn posting marginal gains following outstanding sales reported for the week ended Oct. 17. Grains continue a solid rally from last Friday's lows. The move today was met with some selling pre...