Entries for April 2024
RECENT NEWS
30 Apr 2024
DTN Chart Technical Points 04/30 16:30 DTN FUTURES 10 4/30/24 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 MAY 585.00 595.19 579.72 567.39 557.34 59.08 58.12 53.03 57 75 80 82 CBTWT JUL 603.25 613.63 597.50 583.71 571.16 59.84 59.16 54.21 57 76 81 8...
30 Apr 2024
DTN Closing Livestock Comment 04/30 15:35 USDA's Testing of Ground Beef for Avian Influenza Panicked the Cattle Complex Even though the USDA believes that meat supplies are safe from H5N1, traders still reacted poorly to their announcement of testing ground beef for the virus. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: USDA's announceme...
30 Apr 2024
JEFFERSON CITY, Mo. (DTN) -- Acephate, an insecticide commonly used by soybean and cotton farmers in the Midsouth to control stink bugs, will be a chemical tool removed from the proverbial toolbox under an EPA proposal now out for a 60-day public comment period. Today, EPA released its proposed interim decision (PID) to cancel all but one use of ac...
30 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, April 30 Exchange rate was 1.3748 up 0.0100 Chicago corn closed slightly lower. JUL24 HI 4.50 DEC24 HI 4.73 1/2 LOW 4.44 1/2 LOW 4.67 1/2 CLOSE4.46 3/4 Down 2 1/2 CLOSE 4.69 1/2 Down 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+SEP24...
30 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, April 30 Exchange rate was 1.3748 up 0.0100 Chicago soybeans closed slightly to moderately lower. JUL24 HI 11.84 NOV24 HI 11.79 LOW 11.58 3/4 LOW 11.56 CLOSE11.63 Down 19 CLOSE 11.59 1/2 Down 18 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+...