8 Nov 2024
DTN Closing Livestock Comment 11/08 16:12 Cash Cattle Prices Trade $3 Lower on Friday Packers and feedlot managers waited until late in the week to trade cattle, and in both regions, prices were marked at mostly $3 lower than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday ended up being a mixed day for t...
8 Nov 2024
DTN Chart Technical Points 11/08 16:30 DTN FUTURES 10 11/08/24 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 572.50 572.44 571.19 573.56 580.94 47.50 47.37 48.01 61 58 27 24 CBTWT MAR 587.50 589.63 589.78 592.86 601.02 41.14 43.70 46.53 52 52 19 ...
8 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, November 8 Exchange rate was 1.3902 up 0.0047 Chicago corn closed slightly higher. DEC24 HI 4.34 3/4 DEC25 HI 4.51 LOW 4.26 3/4 LOW 4.45 1/2 CLOSE4.31 Up 3 1/2 CLOSE 4.49 Up 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 CK Low 1.00 ...
8 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, November 8 Exchange rate was 1.3902 up 0.0047 Chicago soybeans closed narrowly mixed. JAN25 HI 10.44 NOV25 HI 10.60 1/2 LOW 10.17 1/2 LOW 10.40 CLOSE10.30 1/4 Up 4 CLOSE 10.52 1/2 Up 3 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JAN25+JAN2...
8 Nov 2024
DTN Closing Grain Comments 11/08 14:03 USDA November WASDE Offers Some Relief on Grain Oversupply Woes Grain prices were very strong immediately following the USDA WASDE release at 11 a.m. CST Friday, before fading off highs throughout the balance of the session. The report pretty much went as analysts expected in terms of direction of revisions, b...
8 Nov 2024
DTN Midday Livestock Comments 11/08 12:07 Technical Pressure Drives Cattle Complex Lower Friday A few more live sales have been reported in Nebraska at $188, but otherwise the cash cattle market is still quiet. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mostly lower into Friday's noon hour as some techni...
8 Nov 2024
OMAHA (DTN) -- A key farmer and co-leader for the Farmers and Ranchers for Trump Coalition said trade should be the biggest immediate priority for agriculture when President-elect Donald Trump takes over in January. Kip Tom was Trump's ambassador to the United Nations Agencies for Food and Agriculture. An Indiana farmer, Tom's name has been mention...
8 Nov 2024
DTN Midday Grain Comments 11/08 10:49 Corn Futures Higher at Midday; Soybeans Lower; Wheat Flat-Lower Corn futures are 2 to 3 cents higher at midday Friday; soybean futures are 6 to 8 cents lower; wheat futures are flat to 2 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 2 to 3 cents higher at midday Friday; s...
8 Nov 2024
By DTN Staff This article was originally published at 11:03 a.m. CDT on Friday, Nov. 8. It was last updated with additional information at 11:32 a.m. CDT on Friday, Nov. 8. ** OMAHA (DTN) -- USDA on Friday dropped soybean production by 121 million bushels (mb) to 4.461 billion bushels (bb) and lowered corn production 60 mb to 15.143 bb. Soybean yie...
8 Nov 2024
OMAHA (DTN) -- Researchers at the University of Nebraska-Lincoln (UNL) recently received a $5 million grant to study the environmental impact of cattle, according to a UNL news release. Galen Erickson, professor of ruminant nutrition and lead of the Beef Innovation hub, and his team received a five-year, $5 million Grand Challenges grant from the u...