12 Feb 2024
DTN Chart Technical Points 02/12 16:30 DTN FUTURES 10 2/12/24 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 MAR 597.50 596.19 596.28 597.81 607.44 49.49 48.78 48.33 42 40 51 50 CBTWT MAY 599.25 600.13 602.78 606.15 617.56 43.76 44.79 46.20 30 31 36 4...
12 Feb 2024
DTN Closing Livestock Comment 02/12 15:43 Traders Eye Monday's Market Cautiously Not much developed Monday as traders kept their safe distance until they better understood what the week's demand outlook looks like. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the feeder cattle market continu...
12 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 12 Exchange rate was 1.3443 down 0.0008 Chicago soybeans closed slightly higher. MAR24 HI 11.96 3/4 NOV24 HI 11.74 LOW 11.82 1/2 LOW 11.62 3/4 CLOSE11.93 Up 9 1/2 CLOSE 11.68 3/4 Up 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+...
12 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, February 12 Exchange rate was 1.3443 down 0.0008 Chicago corn closed slightly higher. MAR24 HI 4.32 3/4 DEC24 HI 4.70 3/4 LOW 4.27 3/4 LOW 4.67 1/2 CLOSE4.30 1/2 Up 1 1/2 CLOSE 4.69 1/4 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+JUL...
12 Feb 2024
DTN Closing Grain Comments 02/12 13:46 Row Crop Prices a Little Higher, Wheat Mixed on Quiet Monday March corn gained 1 1/2 cents and March soybeans were up 9 1/2 cents, giving back a small share of their losses in 2024, even though the forecasts are mostly favorable in South America. Monday's wheat prices were mixed with small losses in KC and Min...
12 Feb 2024
DTN Midday Livestock Comments 02/12 11:45 Mixed Trade Dominates Livestock Complex at Midday Monday So far, it's been an uneventful day for the livestock complex as traders try to get their footing in the new week's market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Live cattle and lean hog contracts are struggling through Monday's trade...
12 Feb 2024
DTN Midday Grain Comments 02/12 10:48 Corn and Beans Higher, Wheat Mixed at Midday Morning Corn trade is 1-2 cents higher at midday Monday. Beans are 9-11 cents higher and wheat trade is narrowly mixed. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 15 points higher. The dollar index i...
12 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/12/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable t HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: ...
12 Feb 2024
USDA Daily Market Rates 02/12 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 12, 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...
12 Feb 2024
DTN Early Word Livestock Comments 02/12 06:16 Support to Continue for Cattle Cattle took a breather Friday, slipping back from the highs with most feeder cattle contracts closing lower. There had been almost no cash cattle traded by the close of the futures market, leaving traders uneasy. Hogs were able to hold positive gains but closed near the lo...