Entries for May 2024
RECENT NEWS
31 May 2024
DTN Chart Technical Points 05/31 16:30 DTN FUTURES 10 5/31/24 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 JUL 678.50 688.13 691.89 674.69 621.78 53.99 58.75 59.46 17 33 76 82 CBTWT SEP 699.50 709.06 712.31 695.06 640.55 54.59 59.46 60.35 19 35 77 8...
31 May 2024
DTN Closing Livestock Comment 05/31 15:31 Cattle Round out the Week Lower While Hogs Finally Find Some Support The cash cattle market was slow to develop, but prices in the North traded at mostly $301 ($3.00 lower than last week's weighted average) and Southern live cattle traded at mostly $186 ($1.00 lower than last week's weighted average. ShayLe...
31 May 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, May 31 Exchange rate was 1.3627 down 0.0042 Chicago corn closed slightly lower. JUL24 HI 4.53 3/4 DEC24 HI 4.74 3/4 LOW 4.45 1/2 LOW 4.66 1/4 CLOSE4.46 1/4 Down 2 1/2 CLOSE 4.67 Down 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK ...
31 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 31 Exchange rate was 1.3627 down 0.0042 Chicago soybeans closed slightly lower. JUL24 HI 12.23 3/4 NOV24 HI 12.01 1/2 LOW 12.02 3/4 LOW 11.82 1/2 CLOSE12.05 Down 4 3/4 CLOSE 11.84 1/2 Down 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+...
31 May 2024
DTN Closing Grain Comments 05/31 13:50 Crop Prices Continue Post-Memorial Day Slide on Friday Corn and soybean prices started higher Friday, but finished lower by the end of the session, finding no significant support since USDA reported planting progress on Tuesday. Wheat prices were mixed with a mostly dry forecast still ahead for crops in southw...