Entries for May 2021
RECENT NEWS
4 May 2021
DTN Chart Technical Points 05/04 16:30 DTN FUTURES 10 5/04/21 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 737.00 735.63 729.06 688.75 655.29 70.70 69.69 63.53 41 44 76 80 CBTWT JUL 726.75 727.13 725.14 687.90 651.24 68.10 68.49 64.10 28 34 73 7...
4 May 2021
DTN Closing Livestock Comment 05/04 15:30 Cattle, Feeders Sink to New Lows as Corn Heats Up Rising corn prices continue to pressure both live cattle and feeder cattle lower Tuesday. Lean hogs held firm with back months continuing to achieve new highs. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: Early hopes for higher cattle prices in 2021 have ...
4 May 2021
FARM MARKET NEWS - CORN REPORT FOR Tue, May 4 Exchange rate was 1.2308 up 0.0037 Chicago corn closed higher. JUL21 HI 7.04 DEC21 HI 5.82 3/4 LOW 6.76 LOW 5.60 3/4 CLOSE6.96 3/4 Up 17 1/4 CLOSE 5.80 1/2 Up 17 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+SEP21+SEP21 CK Low 1.70 8.67...
4 May 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 4 Exchange rate was 1.2308 up 0.0037 Chicago soybeans closed slightly to moderately higher. JUL21 HI 15.53 NOV21 HI 13.69 1/4 LOW 15.19 LOW 13.40 3/4 CLOSE15.38 1/4 Up 14 1/4 CLOSE 13.63 1/4 Up 18 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +...
4 May 2021
DTN Closing Grain Comments 05/04 14:01 Corn Sets Bullish Tone as July Breaks Above $7, May Highest Since 2012 Corn futures continue to be the upside leader in the ongoing bull move. The forecast for the next 10 to 15 days appears to be warm to hot and barren of moisture in the key central Brazil safrinha corn areas, leading to sharply lower product...