Entries for May 2022
RECENT NEWS
24 May 2022
DTN Chart Technical Points 05/24 16:30 DTN FUTURES 10 5/24/22 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 JUL1154.751178.501202.891142.931098.68 48.99 52.61 55.42 10 23 61 77 CBTWT SEP1163.251185.311207.421146.571095.06 50.13 53.92 56.89 11 24 63 7...
24 May 2022
MT. JULIET, Tenn. (DTN) -- DTN's national average cash price for a bushel of hard red winter wheat established a new high at $13.15 earlier this month, a record that reflects not only drought conditions in the Southern Plains, but also weather and geopolitical issues in most wheat-growing regions of the world. Wheat is the most cosmopolitan of the ...
24 May 2022
FARM MARKET NEWS - CORN REPORT FOR Tue, May 24 Exchange rate was 1.2826 up 0.0046 Chicago corn closed moderately lower. JUL22 HI 7.87 DEC22 HI 7.37 3/4 LOW 7.62 LOW 7.14 1/4 CLOSE7.71 3/4 Down 14 1/2 CLOSE 7.25 1/4 Down 13 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 C...
24 May 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 24 Exchange rate was 1.2826 up 0.0046 Chicago soybeans closed mixed. JUL22 HI 16.96 3/4 NOV22 HI 15.22 1/2 LOW 16.73 1/2 LOW 15.07 1/2 CLOSE16.93 Up 6 CLOSE 15.17 1/2 Down 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Lo...
24 May 2022
DTN Closing Grain Comments 05/24 13:59 Corn, Wheat Lower as Brazil Reportedly Cut Deal With China July corn fell 14 1/2 cents Tuesday after Brazil's Ag Ministry said it reached a deal to export corn to China. New-crop contracts of all three U.S. wheats also closed lower Tuesday, despite ongoing weather challenges in the U.S. Todd Hultman DTN Lead A...