23 Dec 2024
DTN Closing Livestock Comment 12/23 15:31 Feeder Cattle Market Powers On With tomorrow being Christmas Eve, the contracts won't likely see much trader support as most market participants will be enjoying the holiday festivities. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Besides the feeder cattle market's decision to power through the d...
23 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 23 Exchange rate was 1.4327 up 0.0020 Chicago soybeans closed slightly lower. JAN25 HI 9.79 1/4 NOV25 HI 9.92 1/2 LOW 9.68 LOW 9.83 CLOSE9.69 1/2 Down 5 CLOSE 9.87 Down 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAR25 CK Lo...
23 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, December 23 Exchange rate was 1.4327 up 0.0020 Chicago corn closed narrowly mixed. MAR25 HI 4.48 1/4 DEC25 HI 4.39 1/4 LOW 4.45 1/4 LOW 4.36 CLOSE4.47 3/4 Up 1 1/2 CLOSE 4.37 1/4 Down 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY25 ...
23 Dec 2024
DTN Closing Grain Comments 12/23 13:47 Grains Open Christmas Week With Slow Trade Ag markets opened the week mixed with a very quiet tone to the trade and volumes taking a sizeable step back from last week as the market prepares to close out 2024. Soybean markets were pressured slightly by technical resistance after two very strong days to finish l...
23 Dec 2024
OMAHA (DTN) -- While Congress found a compromise late last week that would extend the farm bill and provide nearly $31 billion in disaster and economic aid to farmers, the funding bill also left some programs on the cutting room floor. Congress left town after votes on Friday and early Saturday to pass a short-term funding bill, a continuing resolu...
23 Dec 2024
DTN Midday Livestock Comments 12/23 11:39 Mixed Tones Summarize the Livestock Complex at Monday's Noon Hour Later Monday afternoon the Quarterly Hogs and Pigs report is going to be released, which could dictate the lean hog market's direction on Tuesday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed i...
23 Dec 2024
DTN Midday Grain Comments 12/23 12:03 Soybean Futures Lower at Midday; Wheat Higher; Corn Flat-Higher Corn futures are flat to a penny higher at midday Monday; soybean futures are 3 to 4 cents lower; wheat futures are 5 to 8 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are flat to a penny higher at midday Monda...
23 Dec 2024
WASHINGTON, Dec. 23, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today unveiled a new program to support American wood processing facilities. USDA Rural Development is partnering with USDA Forest Service to provide funding through the new Timber Production Expansion Guaranteed Loan Program (TPEP).
23 Dec 2024
USDA Daily Market Rates 12/23 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: December 23, 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...
23 Dec 2024
DTN Early Word Livestock Comments 12/23 06:16 Hog Traders to Position For the Hogs & Pigs Report The livestock complex was higher on Friday as traders were comfortable they were positioned ahead of the Cattle on Feed report and cash held as it traded earlier in the week. Hogs pushed higher on renewed optimism over demand. Robin Schmahl DTN Contribu...