Entries for May 2020
RECENT NEWS
1 May 2020
DTN Closing Livestock Comment 05/01 16:29 Livestock Complex Closes Friday With Strength The livestock complex wraps up the week fully stronger -- boosting contracts in all three markets. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: In the world that we are currently living in, making it to Friday seems like a triumph in and of itself. Tha...
1 May 2020
DTN Chart Technical Points 05/01 16:30 DTN FUTURES 10 5/01/20 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 521.50 524.38 531.33 538.44 536.55 39.41 41.86 45.30 36 28 16 16 CBTWT JUL 516.50 520.81 530.36 538.01 534.60 34.08 38.37 43.50 30 23 15 2...
1 May 2020
FARM MARKET NEWS - CORN REPORT FOR Fri, May 1 Exchange rate was 1.4068 up 0.0144 Chicago corn closed slightly lower. JUL20 HI 3.20 1/4 DEC20 HI 3.37 1/4 LOW 3.15 1/2 LOW 3.32 3/4 CLOSE3.18 1/2 Down 1 1/2 CLOSE 3.36 3/4 Down 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL20+SEP20+SEP20 ...
1 May 2020
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 1 Exchange rate was 1.4068 up 0.0144 Chicago soybeans closed mixed. JUL20 HI 8.55 3/4 NOV20 HI 8.58 LOW 8.47 LOW 8.50 1/2 CLOSE8.49 1/2 Down 5 3/4 CLOSE 8.55 Down 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL2+JUL2+SEP20 CK Low 2.75 11.25...
1 May 2020
DTN Closing Grain Comments 05/01 14:10 Grains Mostly Red Friday; Livestock Higher July contracts of corn, soybeans and all three U.S. wheats were lower Friday with spring wheat showing the largest percentage loss. With the status of meat processing plants now an important concern for grains, it was interesting that livestock prices finished the day...