12 Dec 2024
DTN Early Word Grains 12/12 05:48 Grain Markets Lower on Hedge Selling Against Technical Resistance March corn is down 1 1/4 cents per bushel, January soybeans are down 1/4 cent, March KC wheat is down 1/2 cent, March Chicago wheat is down 1/4 cent and March Minneapolis wheat is down 1/2 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLO...
12 Dec 2024
WASHINGTON (DTN) -- Nearly $10 billion in immediate economic aid to farmers could be lost because House Republican leaders oppose how Democrats came up with the money for the aid. Leaders of the House and Senate Agriculture committees, along with farm-state allies, are trying to craft a plan that would provide payments to producers who are sufferin...
11 Dec 2024
DTN Chart Technical Points 12/11 16:30 DTN FUTURES 10 12/11/24 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 543.50 542.31 540.06 541.81 560.71 49.13 45.57 44.22 51 63 34 26 CBTWT MAR 563.25 560.25 554.47 558.14 578.86 55.33 48.19 44.59 79 81 41 ...
11 Dec 2024
DTN Closing Livestock Comment 12/11 15:44 Northern Cattle Trade for $300 -- $3.00 Higher Than Last Week It was an amazing day for the cattle complex as traders poured plenty of support into the marketplace and Northern cash cattle traded $3.00 higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an incredible day for both the live ...
11 Dec 2024
WASHINGTON (DTN) -- Nearly $10 billion in immediate economic aid to farmers could be lost because House Republican leaders oppose how Democrats came up with the money for the aid. Leaders of the House and Senate Agriculture committees, along with farm-state allies, are trying to craft a plan that would provide payments to producers who are sufferin...
11 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 11 Exchange rate was 1.4156 down 0.0003 Chicago soybeans closed slightly higher. JAN25 HI 10.01 NOV25 HI 10.16 1/4 LOW 9.88 LOW 10.04 3/4 CLOSE9.95 1/2 Up 3/4 CLOSE 10.14 1/2 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+...
11 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, December 11 Exchange rate was 1.4156 down 0.0003 Chicago corn closed narrowly mixed. MAR25 HI 4.51 1/4 DEC25 HI 4.44 1/2 LOW 4.47 3/4 LOW 4.41 CLOSE4.48 1/4 Down 3/4 CLOSE 4.44 Up 2 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...
11 Dec 2024
DTN Closing Grain Comments 12/11 13:45 Ag Commodities Fade Late in Wednesday Session Against Technical Pressure Ag commodities for the most part Wednesday were unchanged to slightly higher on the heels of Tuesday's supportive estimates from USDA. However, price strength waned late in the session as contracts approached chart resistance to the upsid...
11 Dec 2024
DECATUR, Ill. (DTN) -- David Hula's reign as a corn yield winner continues, and it is a story of resiliency. Although the Charles City, Virginia, farmer faced some tough weather scenarios this year, he produced a 490.6276-bushel-per-acre (bpa) yield to top the 2024 National Corn Growers Association (NCGA) Yield Contest. It is the 13th national high...
11 Dec 2024
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the first week of December 2024 once again showed most nutrients higher, but just slightly. Six of the eight major fertilizers were higher in price compared to last month. As has been the case in recent weeks, no fertilizer had a sizeable price increase or decline. DTN designates a signific...