14 Nov 2024
DTN Early Word Livestock Comments 11/14 06:15 Cash Cattle Trade Expected Thursday Cattle futures were choppy Wednesday, lacking any specific direction. No further cash sales took place, leaving traders guessing. Hogs came back nicely from the lows and the negativity that was prevalent in the market for much of Wednesday. Robin Schmahl DTN Contribut...
14 Nov 2024
DTN Early Word Grains 11/14 05:45 Grain Markets Mixed as Recent Correction Continues December corn is up 1/4 cent per bushel, January soybeans are up 2 1/2 cents, December KC wheat is down 1 1/4 cents, December Chicago wheat is down 1 1/2 cents and December Minneapolis wheat is up 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLO...
14 Nov 2024
Beef producers can now get more than a Big Mac from McDonald's. The fast-food giant announced on Thursday a collaboration with Syngenta and one of its protein suppliers, Lopez Feeds, that will incentivize cattlemen in the U.S. to use Enogen corn in their feed rations. In return, this collaboration will pay producers 4 cents per head per day on feed...
14 Nov 2024
MILWAUKEE (DTN) -- The president of the American Farm Bureau Federation told bankers on Wednesday that farm groups would push for a disaster relief and economic package as a higher priority in the lame-duck session of Congress than passing a farm bill. Zippy Duvall, a Georgia farmer, spoke to the American Bankers Association's annual Agricultural B...
14 Nov 2024
By Todd Neeley, DTN Environmental Editor, and Chris Clayton, DTN Ag Policy Editor LINCOLN, Neb. (DTN) -- The Illinois Farm Bureau sued the American Farm Bureau Federation on Wednesday after the national group voted to oust the Illinois chapter and its 70,000 farmer members. The lawsuit seeks to halt the AFBF's decision, which takes effect on Dec. 2...
13 Nov 2024
DTN Chart Technical Points 11/13 16:30 DTN FUTURES 10 11/13/24 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 541.00 557.81 565.03 568.64 579.54 22.60 30.95 40.60 21 37 20 25 CBTWT MAR 556.50 572.88 581.97 587.13 599.35 19.45 28.44 39.27 19 30 14 ...
13 Nov 2024
DTN Closing Livestock Comment 11/13 15:31 Bids Surface but Feedlots Continue to Hold Out for More Money Packers threw some soft bids of the table around noon, but feedlot managers weren't impressed and elected to see what develops later this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lackluster day for the livestock compl...
13 Nov 2024
By Todd Neeley, DTN Environmental Editor, and Chris Clayton, DTN Ag Policy Editor LINCOLN, Neb. (DTN) -- The Illinois Farm Bureau sued the American Farm Bureau Federation on Wednesday after the national group voted to oust the Illinois chapter and its 70,000 farmer members. The lawsuit seeks to halt the AFBF's decision, which takes effect on Dec. 2...
13 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 13 Exchange rate was 1.3977 up 0.0046 Chicago soybeans closed slightly lower. JAN25 HI 10.12 3/4 NOV25 HI 10.32 3/4 LOW 10.01 3/4 LOW 10.20 CLOSE10.07 3/4 Down 2 3/4 CLOSE 10.28 1/2 Down 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN...
13 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, November 13 Exchange rate was 1.3977 up 0.0046 Chicago corn closed slightly lower. DEC24 HI 4.29 3/4 DEC25 HI 4.43 1/2 LOW 4.24 1/4 LOW 4.38 CLOSE4.26 1/2 Down 2 CLOSE 4.40 1/4 Down 2 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+MAR25 ...