16 Jul 2024
DTN Chart Technical Points 07/16 16:30 DTN FUTURES 10 7/16/24 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 530.75 546.31 561.53 568.43 633.48 26.97 29.93 36.76 5 12 5 11 CBTWT DEC 555.50 570.69 585.47 591.92 657.09 26.60 29.41 36.36 5 12 6 11 KC...
16 Jul 2024
LINCOLN, Neb. (DTN) -- About one in four farmers in the United States turn to binge drinking in response to high stress levels, according to a new study conducted by researchers at the University of Georgia. What's more, the study that included a survey of 1,045 farmers found them turning to alcohol because of stigma among the farming community and...
16 Jul 2024
DTN Closing Livestock Comment 07/16 15:34 Traders Push Livestock Contracts Higher Through Tuesday's Close Heading into Wednesday's market, cattlemen will be looking for packer interest to increase and expect asking prices to surface. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All in all, it was a good day for the livestock complex as al...
16 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 16 Exchange rate was 1.3653 up 0.0002 Chicago soybeans closed slightly higher. AUG24 HI 10.96 1/2 NOV24 HI 10.52 LOW 10.76 3/4 LOW 10.37 1/4 CLOSE10.90 1/2 Up 12 1/2 CLOSE 10.43 1/4 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG...
16 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, July 16 Exchange rate was 1.3653 up 0.0002 Chicago corn closed slightly to moderately higher. SEP24 HI 3.98 DEC24 HI 4.11 LOW 3.90 LOW 4.03 1/4 CLOSE3.95 3/4 Up 5 1/4 CLOSE 4.08 3/4 Up 4 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP24+DEC24+DEC...
16 Jul 2024
DTN Closing Grain Comments 07/16 13:48 Row-Crop Prices See Small Bounce After Midwestern Derecho Hits I States December corn closed up 4 1/2 cents and November soybeans were up 3 1/4 cents Tuesday, getting a little relief from recent selling after a derecho inflicted damage on crops from central Iowa to Indiana. September contracts of the three U.S...
16 Jul 2024
DTN Midday Livestock Comments 07/16 11:33 Hogs Rally Upon Technical Support and Stronger Consumer Demand The cattle contracts are continuing to trade mixed but the lean hog complex is trading $1.00 to $2.00 higher as technically the market is far from any resistance and midday cutout prices are higher. ShayLe Stewart DTN Livestock Analyst GENERAL C...
16 Jul 2024
July 16, 2024 Portland Price Trends 07-01-23 08-01-23 06-01-24 07-09-24 07-16-24 #1 SWW (bus) 7.00 7.05 6.70 6.00 5.70 White Club 7.15 7.30 6.70 6.00 5.70 DNS 14% 8.79 9.05 8.04 6.90 6.46 HRW 11.5% 8.41 8.24 7.40 6.23 5.86 #2 Corn (ton) 261.00 254.00 220.00 198.00 197.00 #2 Barley 220.00 210.00 155.00 160.00 160.00 Wheat...West coast white wheat ma...
16 Jul 2024
DTN Midday Grain Comments 07/16 10:50 Corn, Soybean Futures Higher at Midday; Wheat Lower Corn futures are 3 to 4 cents higher at midday Tuesday; soybean futures are 7 to 14 cents higher; wheat futures are 3 to 8 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents higher at midday Tuesday; soybean futu...
16 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/16/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: WEEK TO DATE: 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 - TODAY: ...