11 Oct 2024
DTN Chart Technical Points 10/11 16:30 DTN FUTURES 10 10/11/24 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 599.00 599.13 599.61 589.13 571.06 56.91 57.06 53.80 58 48 63 65 CBTWT MAR 621.75 622.19 622.36 610.25 591.28 57.98 58.10 54.49 58 50 67 ...
11 Oct 2024
DTN Closing Livestock Comment 10/11 15:41 Traders Leave the Livestock Complex Mixed Ahead of the Weekend Heading into Monday's trade cattlemen will be looking for the USDA's report on how many cash cattle were sold this past week as it will give an indication as to how aggressive packers will be in the upcoming week. ShayLe Stewart DTN Livestock An...
11 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, October 11 Exchange rate was 1.3735 up 0.0006 Chicago corn closed slightly lower. DEC24 HI 4.22 3/4 DEC25 HI 4.54 1/2 LOW 4.15 1/4 LOW 4.49 1/2 CLOSE4.15 3/4 Down 2 3/4 CLOSE 4.50 Down 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR...
11 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 11 Exchange rate was 1.3735 up 0.0006 Chicago soybeans closed slightly lower. NOV24 HI 10.23 3/4 NOV25 HI 10.73 1/2 LOW 10.04 LOW 10.54 1/4 CLOSE10.05 1/2 Down 9 1/4 CLOSE 10.55 3/4 Down 10 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV...
11 Oct 2024
Let's take a look at some of the changes in both U.S. and world numbers on the USDA Crop Production and WASDE reports released Friday, Oct. 11, 2024. We'll start with corn. CORN: With traders looking for a slight decline in yield from the September report, the October WASDE instead reported a 0.2-bushel-per-acre (bpa) gain to a record 183.8 bpa. Th...
11 Oct 2024
DTN Closing Grain Comments 10/11 13:47 Grain Prices Head Lower Friday After USDA Confirmation of Large Crops Friday's WASDE report offered fresh estimates and further confirmation of bin-busting U.S. corn and soybean production in 2024. The U.S. corn and wheat balance sheets did get some help from demand figures leading to cuts in ending stocks, bu...
11 Oct 2024
OMAHA (DTN) -- Hurricane Milton hit Florida's Gulf Coast Wednesday evening as a Category 3 storm. Weather forecasts earlier in the week had the hurricane going right through the Tampa area, which is home to several phosphorus (P) production facilities. Milton came onto land further south and away from these plants, where much phosphorus is mined an...
11 Oct 2024
Cotton AWP/LDP 10/11 12:47 Weekly cotton Fine Count Price and Adjustment data. Adj LFQ as | Fine Fine % of LFQ | Count Count ELS Price USPFE | Adj Adj Adj Loan USPFE Adj For Less | World 2023 2024 CCA LDP Date Rate Price Quality LFQ |Date Price Crop** Crop** 09/19 149.69 168.80 165.00 3.80 | 10/11 60.41 0.00 0.00 0.00 0.00 08/22 141.44 160.00 158.0...
11 Oct 2024
DTN Midday Livestock Comments 10/11 11:53 Cattle Drift Lower While Hogs Tiptoe Past Resistance No new cash cattle sales have been reported Friday, which likely means the bulk of this week's trade is done. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed into Friday's noon hour as the cattle contracts dri...
11 Oct 2024
DTN Midday Grain Comments 10/11 10:38 Soybean Futures Higher at Midday; Wheat Lower; Corn Mixed Corn futures are narrowly mixed at midday Friday; soybean futures are 6 to 8 cents higher; wheat futures are 1 to 3 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are narrowly mixed at midday Friday; soybean futures are...