11 Jul 2024
DTN Chart Technical Points 07/11 16:30 DTN FUTURES 10 7/11/24 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 JUL 554.25 551.25 557.33 562.88 622.04 41.78 39.98 42.43 19 22 17 17 CBTWT SEP 571.25 568.81 576.06 580.74 641.53 40.82 39.22 42.04 26 29 16 1...
11 Jul 2024
OMAHA (DTN) -- Rural America is learning the hard way that more investment is needed to protect rural infrastructure from catastrophic storms. That includes Iowa, which is now coping with catastrophic damage in the northwestern part of the state following two April tornadoes that also ripped through communities. At least 28 counties have state disa...
11 Jul 2024
DTN Closing Livestock Comment 07/11 15:26 Technical Support Allows the Livestock Complex to Close Higher Heading into Friday's market, be on the look out for the midmorning WASDE report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After enduring strenuous pressure earlier in the week, the livestock contracts finally caught a break and we...
11 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 11 Exchange rate was 1.3609 up 0.0012 Chicago soybeans closed narrowly mixed. AUG24 HI 11.24 3/4 NOV24 HI 10.76 LOW 11.08 LOW 10.61 1/2 CLOSE11.17 Up 3 3/4 CLOSE 10.67 3/4 Up 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG24+NOV24 CK ...
11 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, July 11 Exchange rate was 1.3609 up 0.0012 Chicago corn closed slightly higher. SEP24 HI 4.03 DEC24 HI 4.13 1/4 LOW 3.94 3/4 LOW 4.06 1/4 CLOSE4.00 1/4 Up 4 1/2 CLOSE 4.10 3/4 Up 3 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+DEC24 CK ...
11 Jul 2024
DTN Closing Grain Comments 07/11 13:51 Crop Prices Turn Higher Thursday, Helped by Bargain Hunting, Lower US Dollar December corn closed up 3 1/2 cents and November soybeans were up 3/4 cent, getting small help from bargain hunters taking advantage of prices near their lowest levels in over three and a half years. September contracts of all three w...
11 Jul 2024
July 11, 2024 Portland Price Trends 07-01-23 08-01-23 06-01-24 07-05-24 07-11-24 #1 SWW (bus) 7.00 7.05 6.70 6.00 6.00 White Club 7.15 7.30 6.70 6.00 6.00 DNS 14% 8.79 9.05 8.04 7.03 6.97 HRW 11.5% 8.41 8.24 7.40 6.39 6.28 #2 Corn (ton) 261.00 254.00 220.00 212.00 198.00 #2 Barley 220.00 210.00 155.00 160.00 160.00 Wheat...West coast cash wheat pri...
11 Jul 2024
WASHINGTON, July 11, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that the Biden-Harris Administration is making investments that will strengthen American food supply chains, increase independent meat and poultry processing capacity, create more, new and better markets for producers, and lower food costs.
11 Jul 2024
DTN Midday Livestock Comments 07/11 11:44 Livestock Complex Finds Some Midweek Stability No new cash cattle sales have been reported, but some more clean-up trade could develop ahead of the week's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After a turbulent earlier part of the week, the livestock complex is again higher as traders ...
11 Jul 2024
DTN Midday Grain Comments 07/11 11:08 Corn, Wheat Futures are Higher at Midday; Soybeans Narrowly Mixed Corn futures are 3 to 4 cents higher at midday Thursday; soybean futures are narrowly mixed; wheat futures are 15 to 20 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents higher at midday Thursday;...