Entries for April 2021
RECENT NEWS
5 Apr 2021
OMAHA (DTN) -- Lee Reichmuth, who runs a cattle feedyard near Lindsay, Nebraska, recalls a year ago seeing "records broken" in cattle markets, such as boxed beef price moving from a little more than $2 a pound to the range of $4.75 a pound while, at the same time, the April futures contract for fed cattle took a $40 dip in value. A year ago, as muc...
5 Apr 2021
ROCKVILLE, Md. (DTN) -- It's April 1, but agronomists aren't fooling around when they tell you it might be time to start planting soybeans. Planting soybeans before corn fields has been a growing and profitable trend for many farmers, agronomists told DTN. "Back in 2015, I would talk to farmers and they would say, 'I don't plant beans until I can w...
5 Apr 2021
DTN Chart Technical Points 04/05 16:30 DTN FUTURES 10 4/05/21 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 618.00 614.50 614.11 625.53 643.41 45.00 43.74 46.50 52 47 25 17 CBTWT JUL 613.50 612.56 610.94 619.85 633.79 44.29 43.46 46.63 52 49 28 1...
5 Apr 2021
DTN Closing Livestock Comment 04/05 15:34 Cattle, Hogs Participate in Broad Market Gains Market exuberance after the three-day weekend led to large trading volumes for many markets, including the livestock futures, which spent most of the session posting gains and, in some cases, hitting fresh contract highs. Elaine Kub Contributing Analyst GENERAL...
5 Apr 2021
FARM MARKET NEWS - CORN REPORT FOR Mon, April 5 Exchange rate was 1.2523 down 0.0030 Chicago corn closed mixed. MAY21 HI 5.64 1/2 DEC21 HI 4.93 1/2 LOW 5.49 3/4 LOW 4.85 1/2 CLOSE5.53 1/4 Down 6 1/2 CLOSE 4.88 1/2 Up 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+SEP21 CK Low 1....