Entries for January 2023
RECENT NEWS
31 Jan 2023
DTN Chart Technical Points 01/31 16:30 DTN FUTURES 10 1/31/23 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 761.25 754.06 743.11 742.86 755.24 59.79 53.78 47.71 80 82 45 33 CBTWT MAY 770.50 762.94 751.42 751.04 763.99 60.76 54.30 47.77 82 83 47 3...
31 Jan 2023
DTN Closing Livestock Comment 01/31 15:26 Tuesday's Cattle Inventory Report Didn't Disappoint Come Wednesday both the live cattle and feeder cattle contracts are expected to trade higher as traders finally have the opportunity to trade the bullish nature of Tuesday's Cattle Inventory Report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The...
31 Jan 2023
FARM MARKET NEWS - CORN REPORT FOR Tue, January 31 Exchange rate was 1.3302 down 0.0077 Chicago corn closed mixed. MAR23 HI 6.88 1/2 DEC23 HI 5.94 3/4 LOW 6.78 LOW 5.88 CLOSE6.79 3/4 Down 4 CLOSE 5.90 3/4 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+JUL23 CK Low 1.30 8.10 3...
31 Jan 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 31 Exchange rate was 1.3302 down 0.0077 Chicago soybeans closed mixed. MAY23 HI 15.35 NOV23 HI 13.69 LOW 15.17 1/2 LOW 13.58 3/4 CLOSE15.30 1/4 Up 3/4 CLOSE 13.63 Down 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+MAY23 CK Lo...
31 Jan 2023
DTN Closing Grain Comments 01/31 13:55 Corn, Soymeal Prices Sag, While Other Crops Finish Higher March corn closed down 4 cents and March soybean meal was down $4.50 Tuesday, while the rest of the grain sector was mostly higher. March Chicago wheat, funds' favorite short target, closed up 8 3/4 cents despite good crop conditions reported for SRW wh...