Entries for November 2019
RECENT NEWS
1 Nov 2019
DTN Closing Livestock Comment 11/01 16:11 Beef Demand Inspires the Market to Keep Closing Higher Friday's close came with significant gains for the live cattle and feeder cattle markets, and despite lean hogs' effort to try to push prices higher Wednesday and Thursday, prices closed lower on Friday. By ShayLe Stewart DTN Livestock Analyst GENERAL C...
1 Nov 2019
DTN Chart Technical Points 11/01 16:30 DTN FUTURES 10 11/01/19 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 DEC 516.00 511.38 514.42 513.53 494.49 56.87 57.44 55.68 45 27 52 58 CBTWT MAR 521.75 517.25 520.22 519.32 500.72 56.96 57.54 55.57 47 28 52 ...
1 Nov 2019
By Rod MauszyckiDTN Tax Columnist Cash method of accounting is under attack. In February 2017, the IRS issued an Action and Decision letter in response to losing Burnett Ranches LTD v. U.S. Under the Internal Revenue Code, a farm or ranch is deemed to be a "farming syndicate" if more than 35% of losses are allocated to limited partners or limited e...
1 Nov 2019
By Emily UnglesbeeDTN Staff Reporter ROCKVILLE, Md. (DTN) -- With 55% of his acres left unplanted in 2019, one might have expected Matt Foes to put up his feet and take a vacation. Instead, the Sheffield, Illinois, farmer rolled up his sleeves and spent a large part of this summer working a year ahead. "I went into the summer expecting that this ...
1 Nov 2019
By Jerry HagstromDTN Political Correspondent WASHINGTON, D.C. (DTN) -- After the House Agriculture Committee on Wednesday approved a bipartisan bill to reauthorize the Commodity Futures Trading Commission, House Agriculture Chairman Collin Peterson, D-Minn., said the bill "sends a strong message to the Senate. The people that look to our markets fo...