29 Aug 2024
DTN Early Word Grains 08/29 05:43 Grain Markets Mostly Higher on Strong Exports, Good Processing Margins, and Drier Forecast December corn is up 3/4 cent per bushel, November soybeans are up 9 1/2 cents, December KC wheat is down 1 3/4 cents, December Chicago wheat is down 4 1/4 cents and December Minneapolis wheat is up 2 1/2 cents. Kent Beadle, D...
28 Aug 2024
BOONE, Iowa (DTN) -- Farm-state politics and policy took center stage Wednesday as the chairman of the House Agriculture Committee and the USDA secretary took center stage at the Farm Progress Show. Rep. Glenn "GT" Thompson, R-Pa., the chairman of the House Agriculture Committee, was asked by a reporter about what would change if Vice President Kam...
28 Aug 2024
DTN Chart Technical Points 08/28 16:30 DTN FUTURES 10 8/28/24 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 514.25 505.69 516.08 526.35 541.83 42.73 40.76 40.55 33 19 17 19 CBTWT DEC 541.50 532.50 541.19 550.43 565.89 44.62 41.75 40.74 36 22 19 1...
28 Aug 2024
DTN Closing Livestock Comment 08/28 15:48 Live Cattle Soften as Traders Wait to See What Cash Cattle Do this Week Heading into Thursday's market the biggest ticket items for the day will be the morning's export report as well as any developments in the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the li...
28 Aug 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, August 28 Exchange rate was 1.3473 up 0.0032 Chicago corn closed slightly lower. DEC24 HI 3.94 DEC24 HI 3.94 LOW 3.88 3/4 LOW 3.88 3/4 CLOSE3.90 3/4 Down 2 CLOSE 3.90 3/4 Down 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+DEC24 CK Low 1.0...
28 Aug 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 28 Exchange rate was 1.3473 up 0.0032 Chicago soybeans closed slightly lower. NOV24 HI 9.88 NOV24 HI 9.88 LOW 9.72 3/4 LOW 9.72 3/4 CLOSE9.77 Down 9 1/2 CLOSE 9.77 Down 9 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+NOV24+NOV24 CK Lo...
28 Aug 2024
DTN Closing Grain Comments 08/28 13:48 Chicago Wheat Rises Again After Key Reversal; Corn, Soybeans, Meal Pull Back on Rain Chicago wheat futures, along with Kansas City and Minneapolis, moved higher again Wednesday -- a positive sign following Tuesday's key reversal from a new contract low. Corn, with a similar chart pattern, traded both sides bef...
28 Aug 2024
WASHINGTON, August 28, 2024 – The U.S. Department of Agriculture (USDA) announced today the availability of an updated guideline that makes recommendations to strengthen the documentation that supports animal-raising or environment-related claims on meat or poultry product labeling.
28 Aug 2024
OMAHA (DTN) -- Retail fertilizer prices continue to be mostly lower, according to prices tracked by DTN for the third full week of August 2024. One fertilizer was slightly higher compared to a month ago. For the fifth week in a row, no fertilizer price showed a substantial move in either direction. DTN designates a significant move as anything 5% o...
28 Aug 2024
DTN Midday Livestock Comments 08/28 11:54 Hogs Continue to Trade Higher While Cattle Stalemate No bids or asking prices have surfaced yet in the cash market as feedlot managers are hoping if they wait the week out cattle may trade steady. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed into Wednesday's ...