23 Oct 2024
USDA Daily Market Rates 10/23 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 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 not...
23 Oct 2024
DTN Early Word Livestock Comments 10/23 06:24 Hog Futures Continue to Find Support Traders were optimistic in the livestock complex Tuesday. Live cattle futures regained the losses of the past weeks with feeder cattle trying to erase the recent losses. Hog futures agin pushed to new contract highs in February through October contracts. Robin Schmah...
23 Oct 2024
EDITOR'S NOTE: Row-crop farmers make dozens of decisions that affect the crops they grow, but perhaps none is more important than the seed they select. In a special series called Savvy Seed Decisions, DTN/Progressive Farmer examined often unseen facets of the seed industry that affect what farmers put in their planters. Today, in our fifth story of...
23 Oct 2024
OMAHA (DTN) -- Midwestern states see deteriorating pasture conditions in need of moisture, according to the USDA National Agricultural Statistics Service report for the week ended Oct. 21. While much of the country needs moisture, certain areas continue to see pastures move into very-poor-to-poor conditions. Nebraska moved to the negative side with...
23 Oct 2024
DTN Early Word Grains 10/23 05:49 Grain Markets Lower, Correcting Recent Gains in Corn, Soybeans December corn is down 3/4 cent per bushel, November soybeans are down 4 1/2 cents, December KC wheat is down 5 3/4 cents, December Chicago wheat is down 5 1/4 cents and December Minneapolis wheat is down 4 cents. Kent Beadle, DTN Contributing Analyst EA...
23 Oct 2024
LINCOLN, Neb. (DTN) -- Average prices for half of the major fertilizers tracked by DTN were higher compared to last month, according to retail fertilizer sellers surveyed for the second week of October. The latest average prices collected show a break in a recent multi-week trend of falling prices for seven of eight fertilizers tracked by DTN. No s...
22 Oct 2024
DTN Closing Livestock Comment 10/22 16:18 Livestock Complex Pushes Onward Throughout Tuesday's Trade The cattle complex is hoping that trader support will remain plentiful into Wednesday's market and that cash prices will trade steady this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a powerful day for the livestock complex a...
22 Oct 2024
DTN Chart Technical Points 10/22 16:30 DTN FUTURES 10 10/22/24 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 576.00 577.63 584.78 590.04 574.88 42.26 46.03 48.97 17 21 24 35 CBTWT MAR 596.25 597.63 605.78 611.64 595.35 41.56 45.65 48.89 14 17 23 ...
22 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 22 Exchange rate was 1.3797 down 0.0015 Chicago soybeans closed slightly higher. NOV24 HI 9.97 NOV25 HI 10.38 LOW 9.76 3/4 LOW 10.22 CLOSE9.91 3/4 Up 10 3/4 CLOSE 10.35 3/4 Up 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JAN25+JA...
22 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, October 22 Exchange rate was 1.3797 down 0.0015 Chicago corn closed slightly to moderately higher. DEC24 HI 4.17 DEC25 HI 4.42 1/4 LOW 4.08 1/4 LOW 4.36 CLOSE4.16 1/2 Up 7 CLOSE 4.41 3/4 Up 4 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR2...