23 Jul 2024
LINCOLN, Neb. (DTN) -- Massachusetts' animal welfare law was allowed to stand on Monday after a federal court ruled the Federal Meat Inspection Act does not preempt the Massachusetts Prevention of Farm Animal Cruelty Act created as a result of a ballot initiative passed by voters. The state's law bans the sale of pork meat that doesn't meet sow hou...
23 Jul 2024
USDA Daily Market Rates 07/23 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: July 23, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be...
23 Jul 2024
DTN Early Word Livestock Comments 07/23 06:21 Hog Futures Hold Further Upside Potential Cattle futures closed higher Monday with live cattle leading the way and outpacing feeder cattle. Traders felt the Cattle on Feed report provided sufficient support for higher prices. Hog futures extended their recent rally with October and December contracts sh...
23 Jul 2024
DTN Early Word Grains 07/23 05:51 Grain Markets Mixed After Monday's Very Strong Session December corn is down 3/4 cent per bushel, November soybeans are up 2 cents, September KC wheat is down 6 1/4 cents, September Chicago wheat is down 5 1/4 cents and September Minneapolis wheat is down 6 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING...
22 Jul 2024
DTN Chart Technical Points 07/22 16:30 DTN FUTURES 10 7/22/24 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 SEP 548.00 541.31 545.78 561.32 620.08 41.52 38.93 40.62 46 32 17 9 CBTWT DEC 573.00 566.13 570.25 585.14 643.84 41.76 38.87 40.44 47 32 17 9 ...
22 Jul 2024
DTN Closing Livestock Comment 07/22 15:50 Monday Pushes the Livestock Complex Higher Through Closing All in all, it was a good day for the livestock complex as all three markets closed higher and pork cutout values closed higher as well. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex was well supported through Monday's...
22 Jul 2024
This article was originally published at 3:04 p.m. CDT on Monday, July 22. It was last updated with additional information at 3:39 p.m. CDT on Monday, July 22. ** OMAHA (DTN) -- The condition of the nation's corn crop fell slightly last week, while soybean conditions held steady, USDA NASS reported in its weekly Crop Progress report on Monday. NASS...
22 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, July 22 Exchange rate was 1.3729 up 0.0017 Chicago corn closed moderately higher to higher. SEP24 HI 4.01 DEC24 HI 4.15 1/2 LOW 3.91 LOW 4.05 1/4 CLOSE4.00 1/4 Up 9 3/4 CLOSE 4.15 Up 10 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP24+DEC24+DEC2...
22 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 22 Exchange rate was 1.3729 up 0.0017 Chicago soybeans closed moderately higher to higher. AUG24 HI 11.19 3/4 NOV24 HI 10.69 3/4 LOW 11.00 1/2 LOW 10.40 1/2 CLOSE11.17 3/4 Up 20 1/2 CLOSE 10.68 3/4 Up 32 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELE...
22 Jul 2024
DTN Closing Grain Comments 07/22 15:26 Row Crops Prices Get a Lift From Monday's Drier Forecast December corn closed up 10 1/4 cents and November soybeans were up 32 3/4 cents, both getting a boost from short-covering as traders face a drier forecast ahead with hotter temperatures in western crop areas. September Minneapolis wheat closed up 13 cent...