2 Dec 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 2 Exchange rate was 1.404 up 0.0052 Chicago soybeans closed slightly lower. JAN25 HI 9.90 1/2 NOV25 HI 10.10 3/4 LOW 9.77 1/2 LOW 9.98 3/4 CLOSE9.85 1/4 Down 4 1/4 CLOSE 10.05 1/2 Down 5 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25...
2 Dec 2024
DTN Closing Grain Comments 12/02 14:09 Grain Markets Open December With Choppy Price Action As some volume returned to the market following the Thanksgiving break, trade decisiveness remains largely mixed as ag markets continue to chop within their respective established ranges and at or near technical pivot points. Outside markets leaned slightly ...
2 Dec 2024
LINCOLN, Neb. (DTN) -- CHS Inc.'s purchase of West Central Ag Services will be closing in the coming weeks after over 70% of West Central members approved the sale of their cooperative based in Ulen, Minnesota. West Central's members approved the sale on Nov. 26, 2024, according to a letter to membership from the cooperative's chairman, Duane Brend...
2 Dec 2024
DTN Midday Livestock Comments 12/02 11:48 Monday Morning Spurs Reversal in Feeder Cattle Market Both the live cattle and feeder cattle markets are trading lower after traders grow sheepish of the market's resistance. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are trading lower as there ap...
2 Dec 2024
DTN Midday Grain Comments 12/02 10:52 Wheat Futures Higher at Midday; Soybeans Lower; Corn Flat-Higher Corn futures are flat to a penny higher at midday Monday; soybean futures are 8 to 9 cents lower; wheat futures are 1 to 3 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are flat to a penny higher at midday Mond...
2 Dec 2024
Editor's Note: U.S. wheat farmers entered the National Wheat Yield Contest in record numbers in 2024. DTN is featuring details about the farmers and their winning entries in several profiles. Today, we present the winner of the irrigated winter wheat category, who posted the highest yield entered in this year's contest. ** JEFFERSON CITY, Mo. (DTN)...
2 Dec 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
2 Dec 2024
Editor's Note: This story was updated 11:18 a.m. to include the letter from the GOP governors. ** OMAHA (DTN) -- Congress returns this week facing a Dec. 20 deadline to approve a new funding resolution to keep the government operating, as well as potentially pass a disaster package and a farm-bill extension before wrapping up the year. Lawmakers wi...
2 Dec 2024
USDA Daily Market Rates 12/02 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: December 02, 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 no...
2 Dec 2024
DTN Early Word Livestock Comments 12/02 06:18 Traders May Begin Week With Caution Live cattle did not show much volatility Friday with lighter trading activity and futures coasting into the end of the week and the month. Feeder cattle showed greater strength on positive fundamentals. Hogs could not hold positive momentum as lower cash put pressure ...