20 Oct 2024
DECATUR, Ill. (DTN) -- A motor going out at the top of the grain leg during harvest wasn't exactly a surprise Quint Pottinger anticipated this week. But watching the farm team come together to replace it quickly enough to have operations running within a few hours stirred something in the central Kentucky farmer. "There's something knowing we can p...
19 Oct 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 816 AM EDT Sat Oct 19 2024 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 1019 ES DH00/TAIRZX/DH07/TA...
19 Oct 2024
OMAHA (DTN) -- The American Farm Bureau Federation is warning farmers and other rural businesses about the approaching Jan. 1, 2025, deadline to provide business ownership information to the U.S. Treasury Department. AFBF estimates more than 230,000 farmers are affected by the Beneficial Ownership Information (BOI) provisions of the Corporate Trans...
18 Oct 2024
DTN Closing Livestock Comment 10/18 16:06 Cattle Futures Surge Friday Afternoon Strong late-week support quickly developed in cattle futures with live cattle and feeder cattle posting a late-week rally. The ability to sustain this market support early next week will be closely monitored, as it may help to create additional long-term direction throu...
18 Oct 2024
DTN Chart Technical Points 10/18 16:30 DTN FUTURES 10 10/18/24 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 DEC 572.75 581.69 589.83 591.44 573.91 38.81 44.11 48.01 25 20 32 48 CBTWT MAR 592.50 602.00 611.56 612.97 594.35 37.62 43.43 47.80 22 18 33 ...
18 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, October 18 Exchange rate was 1.379 up 0.0021 Chicago corn closed slightly lower. DEC24 HI 4.09 1/2 DEC25 HI 4.40 LOW 4.03 3/4 LOW 4.35 CLOSE4.04 3/4 Down 2 CLOSE 4.35 1/4 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK Low...
18 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 18 Exchange rate was 1.379 up 0.0021 Chicago soybeans closed slightly to moderately lower. NOV24 HI 9.95 1/2 NOV25 HI 10.37 LOW 9.69 1/4 LOW 10.20 CLOSE9.70 Down 18 3/4 CLOSE 10.20 Down 11 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JA...
18 Oct 2024
DTN Closing Grain Comments 10/18 13:56 Wheat, Soybean Futures Suffer Heavy Losses to Close Out Week Friday featured heavy selling in soybeans and wheat futures to close out the week; corn also finished lower, albeit with more moderate losses. We are now a week removed from the October WASDE which pegged U.S. corn production at the second highest ma...
18 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 third story of...
18 Oct 2024
WASHINGTON, Oct. 18, 2024 — The U.S. Department of Agriculture (USDA) announced today an investment of more than $46 million in projects aimed to tackle food and nutrition insecurity in underserved communities, as well as support healthy diets by providing access to fruits and vegetables for eligible families.