7 Nov 2024
DTN Closing Livestock Comment 11/07 15:57 Boxed Beef Prices and Pork Cutout Values Dip Lower Heading into Friday's trade the market will be closely watching for the mid-morning WASDE report and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as although ...
7 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago corn closed slightly higher. DEC24 HI 4.28 1/2 DEC25 HI 4.47 3/4 LOW 4.22 1/4 LOW 4.42 1/4 CLOSE4.27 1/2 Up 1 1/4 CLOSE 4.47 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+MAR25+MAR2...
7 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 7 Exchange rate was 1.3855 down 0.0064 Chicago soybeans closed moderately higher. JAN25 HI 10.27 3/4 NOV25 HI 10.49 LOW 10.00 1/2 LOW 10.29 1/4 CLOSE10.26 1/4 Up 22 1/2 CLOSE 10.48 3/4 Up 16 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
7 Nov 2024
DTN Closing Grain Comments 11/07 14:51 Soybean Futures Show Strength Despite Likely Record Production The market tone for Thursday was much more subdued compared to Wednesday as traders have now had a full day to digest the implications of a second Trump term. Soybeans have had a very impressive turn, posting over a 40-cent move from Wednesday morn...
7 Nov 2024
DTN Midday Livestock Comments 11/07 11:41 Weak Exports Push the Hog Complex Lower There's a single bid currently being offered in the North at $186, but still no sales have developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are trading mostly higher into Thursday's noon hour, but the l...
7 Nov 2024
DTN Midday Grain Comments 11/07 10:56 Soybean Futures Higher at Midday; Corn, Wheat Lower Corn futures are 1 to 2 cents lower at midday Thursday; soybean futures are 4 to 5 cents higher; wheat futures are 5 to 8 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 1 to 2 cents lower at midday Thursday; soybean futur...
7 Nov 2024
November 7, 2024 Portland Price Trends 11-01-23 01-01-24 10-01-24 10-31-24 11-07-24 #1 SWW (bus) 6.85 6.65 6.00 6.00 6.05 White Club 7.35 7.15 6.15 6.15 6.20 DNS 14% 7.94 8.03 7.05 6.75 6.75 HRW 11.5% 6.74 6.97 6.53 6.42 6.42 #2 Corn (ton) 237.00 232.00 216.00 207.00 215.00 #2 Barley 280.00 180.00 150.00 150.00 150.00 Wheat...Another relatively qui...
7 Nov 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/07/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 91 WEEK TO DATE: 707 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - ...
7 Nov 2024
USDA Daily Market Rates 11/07 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: November 07, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may no...
7 Nov 2024
DTN Early Word Livestock Comments 11/07 06:17 Traders To Focus on Market Fundamentals Cattle futures held in positive territory throughout Wednesday but could not maintain the strong gains seen during the session. Hogs moved higher with December again outpacing the rest of the complex. Strong gains in the stock market provided support. Robin Schmah...