30 Nov 2023
DTN Early Word Livestock Comments 11/30 06:29 Traders To Balance Oversold Futures With Fundamentals Both cattle and hog futures closed higher. This was not supported by cash or product values, but mostly due to a continued correction of an oversold market. Gains may be tempered a bit today due to cash weakness. Robin Schmahl DTN Contributing Analys...
30 Nov 2023
USDA Daily Market Rates 11/30 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: November 30, 2023 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...
30 Nov 2023
DTN Early Word Grains 11/30 05:40 US Crop Prices Leaning Lower on Busy Thursday EARLY MORNING GLOBEX NET CHANGES: March corn was steady, January soybeans were down 2 cents and March KC wheat was down 3 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: March corn was steady, January soybeans were down 2 cents and March KC wheat ...
30 Nov 2023
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 716 AM EST Thu Nov 30 2023 Values represent highs yesterday...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 NA=Not Available : .BR CLE 1130 ES DH00/TAIRZX/DH07/TA...
29 Nov 2023
DTN Closing Livestock Comment 11/29 16:03 Livestock Futures Continue Higher Moderate to firm gains developed in all livestock trade Wednesday, as spillover buying from Tuesday's market rally helped to solidify the upward movement in cattle and hog futures this week. Rick Kment DTN Analyst GENERAL COMMENTS: Even though cattle prices pulled back from...
29 Nov 2023
DTN Chart Technical Points 11/29 16:30 DTN FUTURES 10 11/29/23 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 556.00 545.69 549.03 562.19 567.69 49.08 47.06 45.83 47 38 22 17 CBTWT MAR 585.75 574.00 576.72 588.79 595.45 50.78 48.21 46.33 47 38 24 ...
29 Nov 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, November 29 Exchange rate was 1.3589 up 0.0029 Chicago corn closed slightly higher. MAR24 HI 4.77 1/4 DEC24 HI 5.08 1/2 LOW 4.70 1/2 LOW 5.03 3/4 CLOSE4.75 3/4 Up 2 1/4 CLOSE 5.07 3/4 Up 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAR24...
29 Nov 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 29 Exchange rate was 1.3589 up 0.0029 Chicago soybeans closed narrowly mixed. JAN24 HI 13.52 NOV24 HI 12.96 LOW 13.37 LOW 12.84 3/4 CLOSE13.47 Up 1/2 CLOSE 12.92 1/2 Down 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+JAN24+MAR24 CK ...
29 Nov 2023
DTN Closing Grain Comments 11/29 13:41 Kansas City Wheat Soars Second Straight Day; Corn Sets a New Low Again in Quiet Trade Following the Tuesday new low in KC March wheat and the subsequent key reversal, wheat futures surged again Wednesday, perhaps signaling the bottom is in. In dull trade, corn futures reached a new low for the third consecutiv...
29 Nov 2023
DTN Midday Livestock Comments 11/29 11:42 Cattle Market Support Continues Moderate to active follow-through support developed across livestock futures Wednesday morning as buyers continue to step back into the market, moving prices further from recent lows. Rick Kment DTN Analyst GENERAL COMMENTS: Triple-digit gains are seen in several livestock fu...