4 Dec 2024
DTN Early Word Grains 12/04 05:43 Grain Markets are Lower on South American Production Estimates March corn is down 1 3/4 cents per bushel, January soybeans are down 9 cents, March KC wheat is down 5 1/4 cents, March Chicago wheat is down 5 1/4 cents and March Minneapolis wheat is down 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNIN...
3 Dec 2024
DTN Closing Livestock Comment 12/03 16:04 Cattle Regain Some of Monday's Lost Position Both the live cattle and feeder cattle markets regained some technical footing throughout Tuesday's trade, but it will be imperative for the market's continuation that fundamental support in the form of steady/stronger cash cattle sales develop later this week. S...
3 Dec 2024
DTN Chart Technical Points 12/03 16:30 DTN FUTURES 10 12/03/24 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 536.75 536.06 540.56 546.19 568.28 38.43 38.85 41.36 30 28 16 21 CBTWT MAR 547.50 547.81 556.83 562.65 587.38 29.51 33.10 38.70 18 15 10 ...
3 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 3 Exchange rate was 1.4056 up 0.0016 Chicago soybeans closed slightly higher. JAN25 HI 9.99 NOV25 HI 10.13 1/2 LOW 9.83 1/2 LOW 10.02 3/4 CLOSE9.91 3/4 Up 6 1/2 CLOSE 10.06 1/4 Up 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+MAR25+...
3 Dec 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, December 3 Exchange rate was 1.4056 up 0.0016 Chicago corn closed slightly lower. MAR25 HI 4.36 DEC25 HI 4.33 LOW 4.31 LOW 4.29 CLOSE4.32 1/4 Down 1/4 CLOSE 4.30 3/4 Down 1 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 Low 1.10 5.4...
3 Dec 2024
DTN Closing Grain Comments 12/03 13:45 Ag Markets Finish Tuesday Trade Mostly Positive Strength has returned in recent days to the vegetable oil and oilseed markets as flooding in Malaysia and Indonesia has raised palm oil production concerns. Protectionist attitudes among world economies have also bolstered prices Tuesday, as reports out of Russia...
3 Dec 2024
DTN Midday Livestock Comments 12/03 11:52 Cattle Contracts Rally Back After Monday's Ascent Asking prices are now noted in the South at $192 to $194, but still no cash cattle trade has developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is back to rallying as traders continue to see the strong fundamental support...
3 Dec 2024
WASHINGTON, Dec. 3, 2024 – The U.S. Food and Drug Administration (FDA) and the U.S Department of Agriculture (USDA) today are announcing a joint Request for Information (RFI) about food date labeling, which includes the usage of terms such as “Sell By,” “Use By” and “Best By.” The RFI seeks information on industry practices and preferences for date...
3 Dec 2024
December 3, 2024 Portland Price Trends 12-01-23 01-01-24 11-01-24 11-26-24 12-03-24 #1 SWW (bus) 6.80 6.65 6.00 6.00 6.00 White Club 7.30 7.15 6.15 6.15 6.15 DNS 14% 8.12 8.03 6.75 6.75 6.68 HRW 11.5% 7.02 6.97 6.42 6.32 6.20 #2 Corn (ton) 228.00 232.00 209.00 213.00 212.00 #2 Barley 180.00 180.00 150.00 150.00 150.00 Wheat...West coast white wheat...
3 Dec 2024
OMAHA (DTN) -- U.S. farmer optimism in November reached its highest level since May 2021, yet some of agriculture's biggest employers are announcing massive layoffs and idling production facilities. The latest release looking at farmer sentiment from the Purdue University/CME Group Ag Economy Barometer shows farmers' outlook shot up 37 points in No...