1 Feb 2024
DTN Midday Grain Comments 02/01 10:49 Corn, Soybean Lower; Wheat Higher at Midday Thursday Corn trade is 2-3 cents lower; beans are 17-19 cents lower and wheat trade is flat to 5 cents higher. 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 is flat. Th...
1 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/01/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,995 WEEK TO DATE: 5,008 STEERS LIVE FOB 1,511 178.00-178.00 178.00-178.00 178.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,607 178.00-178.00 178.00-178.00 178.00 HEIFERS LIVE DELIVERED No re...
1 Feb 2024
OMAHA (DTN) -- Farmers might actually get a chance to deduct larger equipment purchases and buildings after the House of Representatives overwhelmingly passed a $78 billion tax package Wednesday night. The House voted 357-70 to pass a tax package that includes a mix of business tax credits along with an expansion of the child tax credit. Under the ...
1 Feb 2024
USDA Daily Market Rates 02/01 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 01, 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...
1 Feb 2024
DTN Early Word Livestock Comments 02/01 06:23 Cattle Futures to Remain Supported Cattle futures were mixed into the close Wednesday as traders positioned ahead of the inventory report and over concern with the weakness of boxed beef. Hogs were mixed but mostly higher with traders uncertain over ongoing demand. Robin Schmahl DTN Contributing Analyst...
1 Feb 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland OH 737 AM EST Thu Feb 1 2024 Values represent highs yesterday and lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M = Missing Data T = Trace NA = Not Available .BR CLE 0201 ES DH00/TAIRZX/DH07...
1 Feb 2024
DTN Early Word Grains 02/01 05:44 Grain Markets Lower Thursday morning, Once Again Finding Overnight Sellers March corn is down 3 3/4 cents per bushel, March soybeans are down 9 1/4 cents, March KC wheat is down 5 1/4 cents, March Chicago wheat is down 6 1/4 cents and March Minneapolis wheat is down 3 cents. Kent Beadle, DTN Contributing Analyst EA...
31 Jan 2024
DTN Chart Technical Points 01/31 16:30 DTN FUTURES 10 1/31/24 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 595.25 598.63 600.42 599.25 608.18 45.56 46.56 47.27 39 44 48 46 CBTWT MAY 605.25 608.81 610.47 610.63 619.71 44.78 45.85 46.72 40 45 46 4...
31 Jan 2024
DTN Closing Livestock Comment 01/31 15:55 Cattle Closed Lower as Traders Patiently Waited for the Inventory Report Heading into Thursday's trade the market is expected to trade higher thanks to a bullish Cattle Inventory report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The market moved slowly ahead of the afternoon's Cattle Inventory ...
31 Jan 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, January 31 Exchange rate was 1.3368 down 0.0028 Chicago corn closed narrowly mixed. MAR24 HI 4.48 3/4 DEC24 HI 4.80 1/2 LOW 4.43 1/4 LOW 4.76 1/2 CLOSE4.48 1/4 Up 1/2 CLOSE 4.80 Down 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+JUL24 C...