18 Sep 2024
DTN Early Word Grains 09/18 05:48 Grain Markets Higher as China Returns From Holiday December corn is up 1 3/4 cents per bushel, November soybeans are up 12 1/2 cents, December KC wheat is up 3 cents, December Chicago wheat is up 2 3/4 cents and December Minneapolis wheat is up 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX...
17 Sep 2024
DTN Closing Livestock Comment 09/17 16:16 Traders Push Livestock Complex Higher Through Tuesday's End Still no cash cattle trade has developed, but with the board trading higher, feedlot managers may be able to keep the market steady again this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a strong day for the livestock comple...
17 Sep 2024
DTN Chart Technical Points 09/17 16:30 DTN FUTURES 10 9/17/24 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 575.75 581.88 576.81 561.36 559.82 55.34 54.63 49.71 52 64 82 84 CBTWT MAR 595.50 600.69 595.94 581.19 579.86 55.93 54.95 49.75 51 63 82 8...
17 Sep 2024
MT. JULIET, Tenn. (DTN) -- Interest rates on farm loans are at multi-decade highs, and many hope relief will come on Wednesday afternoon. The Federal Reserve is widely expected to cut interest rates for the first time since its inflation battle began in 2022, but what's uncertain is the size of the cut, whether it's a quarter-percentage point or a ...
17 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, September 17 Exchange rate was 1.3561 up 0.0004 Chicago corn closed slightly higher. DEC24 HI 4.13 DEC24 HI 4.13 LOW 4.08 1/2 LOW 4.08 1/2 CLOSE4.12 1/2 Up 1 3/4 CLOSE 4.12 1/2 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+MAR25 CK...
17 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 17 Exchange rate was 1.3561 up 0.0004 Chicago soybeans closed slightly higher. NOV24 HI 10.11 NOV24 HI 10.11 LOW 10.02 LOW 10.02 CLOSE10.06 Up 1 1/2 CLOSE 10.06 Up 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+NOV24+JAN25 CK Low ...
17 Sep 2024
DTN Closing Grain Comments 09/17 13:43 Wheat Finished Mixed to Mostly Lower; Corn, Soybeans and Bean Oil Close Higher In very slow trade, December corn and November soybeans traded both sides of unchanged before finishing with a slight gain. Wheat was mixed to mostly lower after rejecting early morning strength. Soybean oil was the bullish exceptio...
17 Sep 2024
By DTN Staff OMAHA (DTN) -- The Delta received needed precipitation to improve pasture conditions, but dry weather in the Midwest shows a deterioration of range quality for the week ended Sept. 16, according to the latest data from USDA's National Agricultural Statistics Service. Rain moved into the Delta region after Hurricane Francine made landfa...
17 Sep 2024
DTN Midday Livestock Comments 09/17 11:44 Livestock Complex Trading Fully Higher into Tuesday's Noon Hour The livestock complex is trading fully higher into Tuesday's noon hour as traders are eager to support the livestock markets even though Monday's close was lower in the cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All t...
17 Sep 2024
September 17, 2024 Portland Price Trends 09-01-23 01-01-24 08-01-24 09-10-24 09-17-24 #1 SWW (bus) 6.80 6.65 5.65 5.85 5.85 White Club 7.05 7.15 5.65 6.00 6.00 DNS 14% 8.10 8.03 6.58 6.75 6.86 HRW 11.5% 7.43 6.97 6.04 6.39 6.33 #2 Corn (ton) 246.00 232.00 199.00 199.00 203.00 #2 Barley 200.00 180.00 150.00 150.00 150.00 Wheat...West coast exporters...