Entries for May 2016
RECENT NEWS
31 May 2016
DTN Closing Livestock Comment 05/31 16:11 Cattle Futures Close Significantly Higher Thanks to Short-Covering and Technical Buying The cattle complex returned from the long holiday weekend with plenty of buying energy. Live contracts closed with triple-digit gains, supported by technical buying and early week short-covering. By John Harrington DTN L...
31 May 2016
DTN Chart Technical Points 05/31 16:30 DTN FUTURES 10 5/31/16 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 JUL 464.50 473.31 470.64 468.82 474.52 43.29 45.26 47.19 68 65 42 33 CBTWT SEP 475.50 484.06 481.39 479.21 484.44 43.58 45.55 47.42 68 66 42 3...
31 May 2016
May 31, 2016 Portland Price Trends 05-01-15 08-01-15 04-01-16 05-24-16 05-31-16 #1 SWW (bu) 6.20 5.67 5.14 5.30 5.25 White Club 7.70 6.42 5.34 5.50 5.25 DNS 14% 7.33 6.19 6.24 6.22 6.20 HRW 11.5% 6.07 5.60 5.52 5.31 5.32 #2 Corn (ton) 153.00 160.00 153.00 169.00 174.00 #2 Barley 140.00 159.00 140.00 145.00 145.00 Wheat...Sharply lower futures comin...
31 May 2016
By Todd HultmanDTN Analyst As we cross Memorial Day off the calendar and head into the growing season, 2016 has already distinguished itself with the most bullish start in spot soybeans since 1997. Riding on soybeans' coattails, spot corn just posted its highest close in ten months on Friday. Things are looking up. For those who think market clues ...
31 May 2016
By Richard OswaldDTN Special Correspondent LANGDON, Mo. (DTN) -- Deep in the fertile Eastern Corn Belt, where rows are straight and long, few people think about forage. However, DTN View From the Cab farmer Chase Brown does. "This is the most beautiful first cutting I've ever put up," Chase told DTN from his home outside Decatur, Illinois, late Sun...