Entries for May 2022
RECENT NEWS
25 May 2022
DTN Closing Livestock Comment 05/25 16:05 Pressure Builds by Wednesday's Close for the Livestock Contracts Given that boxed beef prices and cash cattle prices both traded lower by Wednesday's end, it could be a tough Thursday for the cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and lean hog contracts sa...
25 May 2022
DTN Chart Technical Points 05/25 16:30 DTN FUTURES 10 5/25/22 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 JUL1148.251165.441199.501148.071099.73 47.62 51.63 54.91 18 15 55 70 CBTWT SEP1156.751173.001204.641152.041097.02 48.69 52.87 56.32 19 16 57 7...
25 May 2022
FARM MARKET NEWS - CORN REPORT FOR Wed, May 25 Exchange rate was 1.2819 down 0.0007 Chicago corn closed narrowly mixed. JUL22 HI 7.73 DEC22 HI 7.26 LOW 7.55 LOW 7.07 CLOSE7.72 1/4 Up 1/2 CLOSE 7.23 1/4 Down 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 1.60 9.32 36...
25 May 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 25 Exchange rate was 1.2819 down 0.0007 Chicago soybeans closed mixed. JUL22 HI 16.97 3/4 NOV22 HI 15.24 LOW 16.65 1/2 LOW 14.95 1/4 CLOSE16.81 Down 12 CLOSE 15.12 3/4 Down 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK L...
25 May 2022
DTN Closing Grain Comments 05/25 13:50 Spring Wheat, Corn Rally Back to Higher Closes Wednesday July corn and September Minneapolis wheat both overcame lower starts early Wednesday and finished with small gains on the day, still supported by limited supplies and active demand. July soybeans ended lower on the day, but still enjoy strong demand and ...