17 Dec 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/17/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 551 WEEK TO DATE: 551 STEERS LIVE FOB 92 191.50-191.50 191.50-191.50 191.50 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 370 191.50-191.50 191.50-191.50 191.50 HEIFERS LIVE DELIVERED No reportable ...
17 Dec 2024
USDA Daily Market Rates 12/17 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: December 17, 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...
17 Dec 2024
DTN Early Word Livestock Comments 12/17 06:16 Livestock Futures May Find Stability The cattle complex showed red through most of Monday as traders took some premium out of the market. The exuberance of last week may have been overdone with the potential for higher cash trade this week still in question. Hog futures suffered losses through the Octob...
17 Dec 2024
DTN Early Word Grains 12/17 05:47 Grain Markets Higher in Corn, Mixed in Wheat, Lower in Soybeans March corn is up 1 cent per bushel, January soybeans are down 1/2 cent, March KC wheat is down 1/2 cent, March Chicago wheat is up 1/4 cent and March Minneapolis wheat is down 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET ...
16 Dec 2024
OMAHA (DTN) -- Negotiations continued Monday on a potential $10 billion to $12 billion economic aid package for farmers and the scope of disaster assistance in a new funding bill. Congress has until the end of Friday to get a package through Congress or risk a potential government shutdown. As part of that package, Congress also needs to pass anoth...
16 Dec 2024
DTN Chart Technical Points 12/16 16:30 DTN FUTURES 10 12/16/24 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 550.00 556.00 556.47 556.65 574.20 36.53 38.22 40.97 14 41 43 41 CBTWT MAY 561.00 566.06 565.69 566.08 584.24 38.98 39.54 41.27 17 44 45 ...
16 Dec 2024
DTN Closing Livestock Comment 12/16 15:44 Traders let the Livestock Complex Drift Lower Through Monday's End Following last week's advancements in the futures complex, traders are skeptical of overly supporting the markets early this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex struggled technically throughout ...
16 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 16 Exchange rate was 1.4232 up 0.0003 Chicago soybeans closed slightly lower. JAN25 HI 9.93 1/2 NOV25 HI 10.09 LOW 9.81 LOW 9.98 CLOSE9.82 Down 6 1/4 CLOSE 9.98 3/4 Down 7 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+MAR25 CK...
16 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, December 16 Exchange rate was 1.4232 up 0.0003 Chicago corn closed slightly higher. MAR25 HI 4.45 3/4 DEC25 HI 4.41 3/4 LOW 4.41 1/4 LOW 4.38 1/2 CLOSE4.45 Up 3 CLOSE 4.40 1/4 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY25 CK ...
16 Dec 2024
DTN Closing Grain Comments 12/16 13:52 Ag Markets Mixed as Trading Volume Eases Into Holiday Weeks Ag markets were mixed to start the new week but overall found chart support following the late selloff last week. Fundamental news remains thin as South American weather shows very little changes from the ideal conditions that have been the story for ...