Entries for October 2022
RECENT NEWS
5 Oct 2022
DTN Closing Livestock Comment 10/05 16:11 Stronger Tones Strengthen the Livestock Complex Heading into Thursday's market, packers are going to need to become more aggressive in their bidding if they're planning on getting any cattle bought this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a strength-gaining day for the livest...
5 Oct 2022
DTN Chart Technical Points 10/05 16:30 DTN FUTURES 10 10/05/22 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 902.00 909.63 894.22 882.39 837.87 56.85 56.62 52.88 47 59 75 74 CBTWT MAR 915.25 921.94 906.67 895.79 852.81 57.24 56.82 53.04 50 61 76 ...
5 Oct 2022
FARM MARKET NEWS - CORN REPORT FOR Wed, October 5 Exchange rate was 1.3611 up 0.0096 Chicago corn closed slightly higher. DEC22 HI 6.87 1/2 DEC22 HI 6.87 1/2 LOW 6.75 3/4 LOW 6.75 3/4 CLOSE6.84 Up 1 CLOSE 6.84 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC22+MAR23+MAR23 CK Low 1.65 8...
5 Oct 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 5 Exchange rate was 1.3611 up 0.0096 Chicago soybeans closed slightly lower. NOV22 HI 13.85 1/4 NOV23 HI 13.61 3/4 LOW 13.62 1/2 LOW 13.45 1/2 CLOSE13.69 3/4 Down 13 3/4 CLOSE 13.53 1/4 Down 8 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +...
5 Oct 2022
DTN Closing Grain Comments 10/05 13:55 Crop Prices Mixed as US Dollar Moves Higher, OPEC Cuts Production Target November soybeans closed down 13 3/4 cents, the largest percentage loss in Wednesday's grain sector, on a day when trading volume was quiet and other crop prices were mixed. November crude oil is trading over $1 higher after OPEC+ announc...