Entries for January 2023
RECENT NEWS
5 Jan 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 5 Exchange rate was 1.356 up 0.0081 Chicago soybeans closed slightly lower. MAR23 HI 14.90 NOV23 HI 13.95 LOW 14.65 LOW 13.79 CLOSE14.70 3/4 Down 12 3/4 CLOSE 13.82 1/2 Down 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23...
5 Jan 2023
LINCOLN, Neb. (DTN) -- USDA on Thursday announced a series of loan guarantees and grants to expand meat production capacity across the country in the latest of several steps by the Biden administration to grow small-scale processing following the supply chain problems during the COVID-19 economic shutdown. The agency awarded $3.9 million in 23 Valu...
5 Jan 2023
DTN Midday Livestock Comments 01/05 11:40 Technical Hesitancy Drives the Livestock Contracts Lower There's been a small movement of cattle traded in the South at $157, but, largely, the cash cattle market remains untested, especially in the North. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With it being a holiday-shortened week, export ...
5 Jan 2023
DTN Midday Grain Comments 01/05 10:52 Corn, Wheat Futures Mixed at Midday; Soybeans Lower Corn futures are narrowly mixed at midday Thursday; soybean futures are 5 to 6 cents lower; wheat futures are mixed. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are narrowly mixed at midday Thursday; soybean futures are 5 to 6 cents lo...
5 Jan 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/05/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,949 WEEK TO DATE: 6,035 STEERS LIVE FOB 4,183 156.00-157.00 156.00-157.00 156.86 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,087 157.00-157.00 157.00-157.00 157.00 HEIFERS LIVE DELIVERED No re...