19 Nov 2024
DTN Chart Technical Points 11/19 16:30 DTN FUTURES 10 11/19/24 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 549.75 540.94 551.83 560.61 575.90 42.15 41.71 43.81 42 25 18 15 CBTWT MAR 567.75 558.94 568.47 578.69 595.64 41.88 41.07 43.26 44 26 18 ...
19 Nov 2024
DTN Closing Livestock Comment 11/19 15:25 Traders Continue to Dive Into Cattle Contracts Heading into Wednesday's market some early packer interest could develop, but trade will likely be delayed until Thursday or Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another rip-roaring rallying day for the cattle complex as traders...
19 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, November 19 Exchange rate was 1.3957 down 0.0054 Chicago corn closed slightly lower. DEC24 HI 4.31 1/2 DEC25 HI 4.42 1/4 LOW 4.26 1/2 LOW 4.39 CLOSE4.27 1/4 Down 2 CLOSE 4.39 1/2 Down 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR2...
19 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 19 Exchange rate was 1.3957 down 0.0054 Chicago soybeans closed slightly lower to steady. JAN25 HI 10.12 3/4 NOV25 HI 10.28 1/2 LOW 9.95 1/4 LOW 10.17 3/4 CLOSE9.98 1/2 Down 11 1/4 CLOSE 10.21 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELE...
19 Nov 2024
DTN Closing Grain Comments 11/19 13:42 Grain Markets Mixed as Prices Hit Technical Resistance Trade volume continued its steady decline Tuesday as the grain and oilseed markets' two-day price rally hit chart resistance. Currently the wheat market is the only one among the big three that has substantial fundamental backing in the form of Russian/Ukr...
19 Nov 2024
WASHINGTON, Nov. 19, 2024 – Today, Agriculture Secretary Tom Vilsack announced the creation of new programs that will help farmers who grow fruits, vegetables, and nuts overcome market barriers for their products, and help producers access necessary pre-market storage for their crops following severe weather events, including recent hurricanes. Spe...
19 Nov 2024
LINCOLN, Neb. (DTN) -- A recently finalized rule to classify "forever chemicals" as toxic substances has raised the ire of agriculture groups that say the rule creates "forever liability" for farmers and ranchers who aren't responsible for those chemicals in the environment. Earlier this month the U.S. Chamber of Commerce sued the U.S. Environmenta...
19 Nov 2024
OMAHA (DTN) -- At least some farmers will likely get caught up in President-elect Donald Trump's mass deportation plans, and agriculture is unlikely to get much help from Congress on labor, according to an agricultural labor adviser in Trump's first administration. Different groups right now are assessing what to expect under the Trump administrati...
19 Nov 2024
DTN Midday Livestock Comments 11/19 11:45 Cattle Market Rally Continues Into Tuesday's Noon Hour The cattle contracts continue to trade higher as trader interest continues to funnel into both the live cattle and feeder cattle markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is again trading mixed into Tuesday's ...
19 Nov 2024
November 19, 2024 Portland Price Trends 11-01-23 01-01-24 10-01-24 11-12-24 11-19-24 #1 SWW (bus) 6.85 6.65 6.00 5.90 6.15 White Club 7.35 7.15 6.15 6.05 6.30 DNS 14% 7.94 8.03 7.05 6.53 6.65 HRW 11.5% 6.74 6.97 6.53 6.21 6.37 #2 Corn (ton) 237.00 232.00 216.00 212.00 216.00 #2 Barley 280.00 180.00 150.00 150.00 150.00 Wheat...West coast basis leve...