31 Dec 2024
DTN Early Word Grains 12/31 05:47 Corn, Soybeans and Wheat Start Firmer, Led by Beans and Soybean Meal March corn is up 2 cents per bushel, March soybeans are up 4 cents, March KC wheat is up 1 3/4 cents, March Chicago wheat is up 1 cent and March Minneapolis wheat is up 1 1/4 cents. Dana Mantini Senior Market Analyst EARLY MORNING GLOBEX NET CHANG...
31 Dec 2024
WASHINGTON (DTN) -- Agriculture Secretary Tom Vilsack has a small anecdote to share for the incoming Trump administration's plans to cut as much as $2 trillion from the federal budget. Watch how Congress actually responds to the spending cuts. Vilsack talked about budget challenges in an interview with DTN earlier this month. The secretary will end...
31 Dec 2024
Editor's Note: Each year DTN publishes our choices for the Top 10 ag news stories of the year as selected by DTN analysts, editors and reporters. This year, we've counted them down from Dec. 18 to Dec. 31. On Jan. 1, we will look at some of the runners-up for this year. Today, we announce the No. 1 story of 2024: Congress failed to pass a new farm ...
30 Dec 2024
DTN Chart Technical Points 12/30 16:30 DTN FUTURES 10 12/30/24 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 MAR 548.25 542.63 540.36 548.42 562.21 51.74 46.70 44.17 80 61 32 19 CBTWT MAY 559.00 553.25 550.72 558.21 572.19 52.55 47.39 44.42 81 62 33 ...
30 Dec 2024
DTN Closing Livestock Comment 12/30 15:51 Mixed Tones Surface in for the Livestock Complex on Monday It was a mostly quiet day for the livestock complex following the Christmas holiday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mostly quiet day for the livestock complex as the contracts traded but nothing overly eventful trans...
30 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, December 30 Exchange rate was 1.4314 down 0.0055 Chicago corn closed slightly lower. MAR25 HI 4.58 1/2 DEC25 HI 4.44 1/4 LOW 4.49 3/4 LOW 4.37 3/4 CLOSE4.52 1/4 Down 1 3/4 CLOSE 4.39 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+...
30 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 30 Exchange rate was 1.4314 down 0.0055 Chicago soybeans closed slightly higher. MAR25 HI 10.04 1/2 NOV25 HI 10.17 1/4 LOW 9.86 3/4 LOW 10.02 3/4 CLOSE9.91 3/4 Up 2 CLOSE 10.08 1/4 Up 3 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR25+...
30 Dec 2024
DTN Closing Grain Comments 12/30 13:39 Ag Markets Hit Technical Roadblock in Two-Sided Trade to Begin Week Ag markets opened Sunday evening with strength following a very positive Christmas week for grains in particular. However, strength faded by midsession Monday as it is likely producers and traders alike returned from Christmas break ready to r...
30 Dec 2024
LINCOLN, Neb. (DTN) -- USDA's Animal and Plant Health Inspection Service (APHIS) announced Monday plans to establish a national voluntary livestock improvement program, with plans to launch a public-comment period starting Dec. 31 and running through the end of January. USDA said in a news release that the program would be designed to safeguard, im...
30 Dec 2024
DTN Midday Livestock Comments 12/30 11:40 Cattle Continue to Trade Higher in the New Week Both the live cattle and feeder cattle contracts are keeping with last week's upward momentum as the contracts are now trading higher into Monday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed as the ...