12 Sep 2024
September 12 2024 Portland Price Trends 09-01-23 01-01-24 08-01-24 09-05-24 09-12-24 #1 SWW (bus) 6.80 6.65 5.65 5.75 5.95 White Club 7.05 7.15 5.65 5.90 6.10 DNS 14% 8.10 8.03 6.58 6.86 6.87 HRW 11.5% 7.43 6.97 6.04 6.34 6.41 #2 Corn (ton) 246.00 232.00 199.00 202.00 200.00 #2 Barley 200.00 180.00 150.00 150.00 150.00 Wheat...West coast white whea...
12 Sep 2024
DTN Chart Technical Points 09/12 16:30 DTN FUTURES 10 9/12/24 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 563.00 560.25 556.14 535.83 536.87 67.36 61.32 52.03 66 63 86 87 CBTWT DEC 578.50 575.13 571.25 556.01 559.33 65.46 59.51 50.66 67 65 82 8...
12 Sep 2024
DTN Closing Livestock Comment 09/12 15:53 Cattle Futures Firm Following Report Release Moderate to active buyer support developed and held across live cattle and feeder cattle trade. Thursday's WASDE report posted mixed results but remained overall positive for post report trade activity. Hog futures slipped lower in limited but defensive trade act...
12 Sep 2024
OMAHA (DTN) -- The Commerce Department has issued a preliminary order recommending countervailing duties on imports of 2,4-D from China and India, which account for roughly three-quarters of all 2,4-D herbicide sales in the U.S. The National Corn Growers Association (NCGA) and the American Soybean Association (ASA) expressed frustration with a rece...
12 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 12 Exchange rate was 1.3551 up 0.0019 Chicago soybeans closed slightly higher. NOV24 HI 10.17 1/4 NOV24 HI 10.17 1/4 LOW 9.97 1/4 LOW 9.97 1/4 CLOSE10.10 3/4 Up 10 1/4 CLOSE 10.10 3/4 Up 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +N...
12 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, September 12 Exchange rate was 1.3551 up 0.0019 Chicago corn closed slightly higher. DEC24 HI 4.09 3/4 DEC24 HI 4.09 3/4 LOW 3.97 LOW 3.97 CLOSE4.06 Up 1 1/4 CLOSE 4.06 Up 1 1/4 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 Low 1.0...
12 Sep 2024
DTN Closing Grain Comments 09/12 13:53 Corn Futures Dip on Record WASDE Report Yield but Recover; Soybeans and Products Finish Firm on Neutral Report Corn futures fell hard after the release of the September WASDE as USDA, in their first in-field survey this season, found a record yield for corn at 183.6 bpa. Down close to 8 cents at one point, Dec...
12 Sep 2024
OMAHA (DTN) -- Lower commodity prices in 2024 have forced farmers to sharpen their pencils to be profitable in their crop enterprises. Add in the fact that some fertilizer prices did not drop, and some fertilizers are actually more expensive compared to last year, and profits could be squeezed in the last half of the year. Rabobank recently publish...
12 Sep 2024
OMAHA (DTN) -- As Derrick Josi, a fourth-generation farmer from Tillamook, Oregon, listened to a presentation at a National Milk Producers Federation Conference in Nashville in 2016, one of the speakers said something that changed his life. Don Schindler, who does social media and digital communications training, told Josi and other farmers why the...
12 Sep 2024
DTN Midday Livestock Comments 09/12 12:25 Cattle Find Support Thursday While Hogs Regress There's a single bid of $181 being offered in Texas, but otherwise the cash cattle market sits idle. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It is a mixed day for the livestock complex as the cattle contracts are trading moderately higher but th...