27 Nov 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/27/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,183 WEEK TO DATE: 4,183 STEERS LIVE FOB 2,213 190.00-190.00 190.00-190.00 190.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 550 190.00-190.00 190.00-190.00 190.00 HEIFERS LIVE DELIVERED No repo...
27 Nov 2024
USDA Daily Market Rates 11/27 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: November 27, 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 no...
27 Nov 2024
DTN Early Word Livestock Comments 11/27 06:17 Cash Cattle Trade Should Develop Ahead of Holiday Feeder cattle futures continued to push higher Tuesday. Support continued on the news of the restriction of cattle imports from Mexico. This supported some live cattle contracts, but the spread between feeders and lives continued to widen. Hogs made new ...
27 Nov 2024
DTN Early Word Grains 11/27 05:43 Grain Markets Mixed With Weakness in Wheat Offsetting Strength in Soybeans March corn is steady, January soybeans are up 4 3/4 cents, March KC wheat is down 4 1/2 cents, March Chicago wheat is down 5 1/2 cents and March Minneapolis wheat is down 2 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBE...
26 Nov 2024
DTN Chart Technical Points 11/26 16:30 DTN FUTURES 10 11/26/24 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 539.50 542.06 542.72 553.88 572.58 37.06 38.34 41.60 29 44 29 31 CBTWT MAR 558.00 562.00 561.78 571.88 592.39 36.28 37.67 41.12 29 48 32 ...
26 Nov 2024
DTN Closing Livestock Comment 11/26 15:34 Lean Hog, Feeder Cattle Contracts Close Higher Tuesday Afternoon The futures market will likely be vaguely traded on Wednesday ahead of the Thanksgiving giving holiday, but it's a coin toss on whether or not cash cattle trade will develop on Wednesday or be postponed until Friday. ShayLe Stewart DTN Livesto...
26 Nov 2024
REDFIELD, Iowa (DTN) -- Midwest cattle producers have dealt with drought conditions over the past several years. Early 2024 spring rains across the area helped pasture and range conditions, but by midsummer, drought conditions returned, and producers have struggled with fall pasture growth. "Fall pasture just didn't grow. Not even the fescue and th...
26 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 26 Exchange rate was 1.4062 up 0.0096 Chicago soybeans closed narrowly mixed. JAN25 HI 9.91 1/4 NOV25 HI 10.15 LOW 9.76 3/4 LOW 10.05 3/4 CLOSE9.83 1/2 Down 2 1/4 CLOSE 10.12 3/4 Up 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JA...
26 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, November 26 Exchange rate was 1.4062 up 0.0096 Chicago corn closed slightly to moderately lower. MAR25 HI 4.34 DEC25 HI 4.33 1/2 LOW 4.25 1/2 LOW 4.28 1/2 CLOSE4.28 Down 5 CLOSE 4.30 1/4 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MA...
26 Nov 2024
DTN Closing Grain Comments 11/26 13:47 Ag Markets Post Mixed Reaction Tuesday to Trade Rhetoric From President-Elect Trump The holiday week thus far has featured surprisingly high volume trade considering the lack of fresh fundamental news entering the market on any given day. The market did get a soundbite to drive trade Tuesday as U.S. President-...