18 Dec 2024
DTN Closing Livestock Comment 12/18 16:12 Live Cattle Face Some Technical Push Back The cash cattle market could see better interest on Thursday, but it wouldn't be surprising to see trade delayed until Friday either. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The live cattle complex struggled the most throughout the day as technical pr...
18 Dec 2024
DTN Chart Technical Points 12/18 16:30 DTN FUTURES 10 12/18/24 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 541.25 547.13 554.22 553.57 571.49 28.00 32.79 38.73 7 9 24 39 CBTWT MAY 551.75 557.38 563.75 563.01 581.48 29.60 33.74 38.90 5 9 27 40 K...
18 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, December 18 Exchange rate was 1.4358 up 0.0059 Chicago corn closed moderately lower. MAR25 HI 4.46 1/2 DEC25 HI 4.39 3/4 LOW 4.37 LOW 4.32 1/4 CLOSE4.37 1/4 Down 6 1/4 CLOSE 4.33 Down 5 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+MAY2...
18 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 18 Exchange rate was 1.4358 up 0.0059 Chicago soybeans closed moderately lower. JAN25 HI 9.77 1/2 NOV25 HI 9.89 LOW 9.50 1/4 LOW 9.64 3/4 CLOSE9.51 3/4 Down 25 CLOSE 9.65 3/4 Down 23 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+M...
18 Dec 2024
DTN Closing Grain Comments 12/18 13:51 Most Active Soybeans Trade to Lowest Level Since August 2020 in Bearish Session for Oilseeds The soybean market continues to lead the overall ag complex lower as most active soybean futures suffered their largest daily loss since mid-July as traders are clearly losing patience for a South American weather even...
18 Dec 2024
BRAINERD, Minn., Dec. 18, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced more than $313 million in funding to connect rural residents, farmers and business owners in 18 states to reliable high-speed internet.Projects are being financed by the fifth round of the ReConnect Program and are a central part of Presiden...
18 Dec 2024
DTN Midday Livestock Comments 12/18 11:50 Cattle Continue to Dip Lower While Hogs Trade Higher Some early bids have surfaced in Nebraska, but still no cattle have sold and won't likely until Thursday or Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is again trading mixed into Wednesday's noon hour as the cattl...
18 Dec 2024
DTN Midday Grain Comments 12/18 12:04 Corn, Soybean Futures Lower at Midday; Wheat Mixed Corn futures are 2 to 3 cents lower at midday Wednesday; soybean futures are 21 to 23 cents lower; wheat futures are narrowly mixed. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 2 to 3 cents lower at midday Wednesday; soybean futures...
18 Dec 2024
WASHINGTON, Dec. 18, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is making domestic fertilizer production investments in nine states to increase competition, lower fertilizer costs for American farmers and lower food costs for U.S. consumers.
18 Dec 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland OH 713 AM EST Wed Dec 18 2024 Values represent highs yesterday and lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M = Missing Data T = Trace .BR CLE 1218 ES DH00/TAIRZX/DH07/TAIRZP/PPDRZZ/SFD...