19 Dec 2024
DTN Early Word Livestock Comments 12/19 06:09 Cattle Traders Await Cash Trade The cattle complex posted losses across the board as cash has not traded giving the impression the packers may not be short-bought. Hog futures showed gains supported by packer aggressiveness and higher pork values. Robin Schmahl DTN Contributing Analyst Cattle: Steady Fu...
19 Dec 2024
DTN Early Word Grains 12/19 05:47 Grain Markets Mixed to Mostly Lower After Very Poor Performance Wednesday March corn is down 3/4 cent per bushel, January soybeans are down 1/4 cent, March KC wheat is down 6 1/4 cents, March Chicago wheat is down 9 cents and March Minneapolis wheat is down 4 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY M...
19 Dec 2024
Editor's Note: Each year, DTN publishes our choices for the Top 10 ag news stories of the year as selected by DTN analysts, editors and reporters. This year, we're counting them down from Dec. 18 to Dec. 31. On Jan. 1, 2025, we will look at some of the runners-up for the year. Today, we continue the countdown with No. 9: A federal court vacated the...
18 Dec 2024
OMAHA (DTN) -- Less than a day after details were released, the entire funding bill for the federal government -- and nearly $31 billion in disaster and economic aid to farmers -- appeared to fall apart Wednesday because President-elect Donald Trump, Vice-President-elect JD Vance and their adviser, Elon Musk, all want to kill the overall bill. In a...
18 Dec 2024
DTN Closing Livestock Comment 12/18 16:12 Live Cattle Face Some Technical Push Back The cash cattle market could see better interest on Thursday, but it wouldn't be surprising to see trade delayed until Friday either. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The live cattle complex struggled the most throughout the day as technical pr...
18 Dec 2024
DTN Chart Technical Points 12/18 16:30 DTN FUTURES 10 12/18/24 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 MAR 541.25 547.13 554.22 553.57 571.49 28.00 32.79 38.73 7 9 24 39 CBTWT MAY 551.75 557.38 563.75 563.01 581.48 29.60 33.74 38.90 5 9 27 40 K...
18 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, December 18 Exchange rate was 1.4358 up 0.0059 Chicago corn closed moderately lower. MAR25 HI 4.46 1/2 DEC25 HI 4.39 3/4 LOW 4.37 LOW 4.32 1/4 CLOSE4.37 1/4 Down 6 1/4 CLOSE 4.33 Down 5 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+MAY2...
18 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 18 Exchange rate was 1.4358 up 0.0059 Chicago soybeans closed moderately lower. JAN25 HI 9.77 1/2 NOV25 HI 9.89 LOW 9.50 1/4 LOW 9.64 3/4 CLOSE9.51 3/4 Down 25 CLOSE 9.65 3/4 Down 23 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+M...
18 Dec 2024
DTN Closing Grain Comments 12/18 13:51 Most Active Soybeans Trade to Lowest Level Since August 2020 in Bearish Session for Oilseeds The soybean market continues to lead the overall ag complex lower as most active soybean futures suffered their largest daily loss since mid-July as traders are clearly losing patience for a South American weather even...
18 Dec 2024
BRAINERD, Minn., Dec. 18, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced more than $313 million in funding to connect rural residents, farmers and business owners in 18 states to reliable high-speed internet.Projects are being financed by the fifth round of the ReConnect Program and are a central part of Presiden...