22 Oct 2024
DTN Early Word Grains 10/22 05:51 Grain Markets Mixed With Strong Harvest Progress Offset by Strong Cash Markets December corn is up 1/2 cent per bushel, November soybeans are up 1 cent, December KC wheat is down 3 1/4 cents, December Chicago wheat is down 3 1/2 cents and December Minneapolis wheat is down 3 1/4 cents. Kent Beadle, DTN Contributing...
21 Oct 2024
DTN Chart Technical Points 10/21 16:30 DTN FUTURES 10 10/21/24 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 572.25 579.88 587.33 590.50 574.35 38.51 43.90 47.97 20 23 26 41 CBTWT MAR 592.25 599.88 608.67 612.08 594.81 37.47 43.32 47.82 17 20 26 ...
21 Oct 2024
DTN Closing Livestock Comment 10/21 15:51 Cattle Struggle to Muster Support While Hogs Successfully Close Higher It was a lackadaisical day for the cattle complex as traders allowed both the live cattle and feeder cattle contracts to drift lower through Monday's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a slow and lethargic...
21 Oct 2024
This article was originally published at 3:04 p.m. CDT on Monday, Oct. 21. It was last updated with additional information at 3:58 p.m. CDT on Monday, Oct. 21. ** OMAHA (DTN) -- Both the U.S. corn and soybean harvests are now double digits ahead of their five-year averages as dry weather continued across most of the country last week, USDA NASS rep...
21 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, October 21 Exchange rate was 1.3812 up 0.0022 Chicago corn closed slightly higher. DEC24 HI 4.11 3/4 DEC25 HI 4.39 1/2 LOW 4.03 LOW 4.34 3/4 CLOSE4.09 1/2 Up 4 3/4 CLOSE 4.37 1/4 Up 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK L...
21 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 21 Exchange rate was 1.3812 up 0.0022 Chicago soybeans closed slightly higher. NOV24 HI 9.83 3/4 NOV25 HI 10.28 LOW 9.69 LOW 10.18 1/4 CLOSE9.81 Up 11 CLOSE 10.25 1/2 Up 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JAN25+JAN25 CK ...
21 Oct 2024
OMAHA (DTN) -- Total acreage enrolled in the Conservation Reserve Program (CRP) is now the highest level in a decade as the program evolves and focuses more on grazing acres than at any time in its history. USDA on Monday announced it was issuing CRP checks for approximately $1.7 billion in payments this month. Checks for CRP should have been issue...
21 Oct 2024
DTN Closing Grain Comments 10/21 13:43 Grain Futures Open Week Higher, Aided by China Stimulus Efforts The grain markets Monday benefitted from bargain buying as corn, soybeans, and wheat all recaptured some of their Friday losses. Announcements of Chinese interest rate cuts and other stimulus efforts lent a bullish tone to the soybean market Monda...
21 Oct 2024
EDITOR'S NOTE: Row-crop farmers make dozens of decisions that affect the crops they grow, but perhaps none is more important than the seed they select. In a special series called Savvy Seed Decisions, DTN/Progressive Farmer examined often unseen facets of the seed industry that affect what farmers put in their planters. Today, in our fourth story o...
21 Oct 2024
DTN Midday Livestock Comments 10/21 11:49 Cattle Trade Remains Cautious While Hogs Charge Onward The livestock complex is off to another mixed week as the cattle contracts are trading lower as they wait to see what develops fundamentally from the fed cash cattle market, but the lean hog market is trading fully higher. Rick Kment DTN Analyst GENERAL...