5 Jul 2024
July 5, 2024 Portland Price Trends 07-01-23 08-01-23 06-01-24 06-28-24 07-05-24 #1 SWW (bus) 7.00 7.05 6.70 6.05 6.00 White Club 7.15 7.30 6.70 6.05 6.00 DNS 14% 8.79 9.05 8.04 7.00 7.03 HRW 11.5% 8.41 8.24 7.40 6.30 6.39 #2 Corn (ton) 261.00 254.00 220.00 208.00 212.00 #2 Barley 220.00 210.00 155.00 160.00 160.00 Wheat...Yet another week of strong...
5 Jul 2024
DTN Closing Livestock Comment 07/05 15:44 Northern Feedlots Hold Out for More Money It was a typical, quiet lackadaisical day for the livestock complex following a major holiday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mostly quiet day for the livestock complex with some cash cattle trade in the South developing for $190, wh...
5 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 5 Exchange rate was 1.361 up 0.0022 Chicago soybeans closed slightly higher. AUG24 HI 11.69 3/4 NOV24 HI 11.33 3/4 LOW 11.50 1/2 LOW 11.14 CLOSE11.66 1/4 Up 8 1/2 CLOSE 11.29 3/4 Up 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG24+...
5 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, July 5 Exchange rate was 1.361 up 0.0022 Chicago corn closed slightly higher. SEP24 HI 4.12 1/4 DEC24 HI 4.25 3/4 LOW 4.05 LOW 4.19 1/2 CLOSE4.10 1/2 Up 5 CLOSE 4.24 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+DEC24 CK Low 0.90 5...
5 Jul 2024
DTN Closing Grain Comments 07/05 14:13 Soybean Oil Surges to a Seventh Straight Higher Close, Soybeans, Soymeal, Wheat and Corn All Rise Sharply In a reversal of early weakness, soybean oil again took off to the upside, dragging the soybean and soymeal markets along for the ride, no doubt leading to fund short covering in beans and oil. Wheat and c...
5 Jul 2024
DTN Midday Livestock Comments 07/05 11:46 Southern Live Cattle Trade Steady at $190 As the market nears Friday's noon hour, Southern live cattle are trading at $190 which is steady with last week's weighted average but still no Northern trade has developed yet. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder c...
5 Jul 2024
By DTN Staff COLUMBIA, Mo. (DTN) -- The usual Friday afternoon update of the DTN Six Factors Strategies will be Monday, July 8, due to market report delays caused by the Independence Day markets holiday. DTN's proprietary look at the current and future commodity markets uses six market signals (trend, volatility, noncommercial outlook, commercial o...
5 Jul 2024
OMAHA (DTN) -- The nation's first federal safety for excessive heat would lead to more safety inspections on more than 105,000 farms and related agribusinesses, affecting nearly 1.14 million farm and agricultural processing workers. In agriculture, the biggest impact would fall on meatpackers, dairy processors and fruit and vegetable farmers. The O...
5 Jul 2024
DTN Midday Grain Comments 07/05 10:55 All Grains Higher at Midday Corn trade is 3 to 4 cents higher, beans are 6 to 7 cents higher and wheat trade is 9 to 14 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 14 higher. The dollar index is 40 points lower. The interest rate p...
5 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/05/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,397 WEEK TO DATE: 5,595 STEERS LIVE FOB 633 190.00-190.00 190.00-190.00 190.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 130 190.00-190.00 190.00-190.00 190.00 HEIFERS LIVE DELIVERED No report...