Entries for January 2023
RECENT NEWS
3 Jan 2023
DTN Closing Livestock Comment 01/03 16:05 Red Ink Dominates Tuesday's Livestock Close Skepticism dominated the livestock complex and led all three of the livestock markets to lower close by Tuesday's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Traders were hesitant participants throughout Tuesday's market and their skeptical nature l...
3 Jan 2023
DTN Chart Technical Points 01/03 16:30 DTN FUTURES 10 1/03/23 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 MAR 775.50 781.75 773.11 761.22 798.68 52.05 49.06 45.59 57 71 75 64 CBTWT MAY 782.75 788.81 780.14 769.42 808.16 51.68 48.60 45.23 57 71 72 6...
3 Jan 2023
FARM MARKET NEWS - CORN REPORT FOR Tue, January 3 Exchange rate was 1.3677 up 0.0143 Chicago corn closed slightly lower. MAR23 HI 6.81 1/4 DEC23 HI 6.11 LOW 6.68 LOW 6.04 1/4 CLOSE6.70 1/2 Down 8 CLOSE 6.06 3/4 Down 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR23+MAY23+MAY23 CK Low 1.4...
3 Jan 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 3 Exchange rate was 1.3677 up 0.0143 Chicago soybeans closed slightly to moderately lower. MAR23 HI 15.29 NOV23 HI 14.15 3/4 LOW 14.90 LOW 13.92 1/4 CLOSE14.92 1/4 Down 31 3/4 CLOSE 13.97 Down 19 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATOR...
3 Jan 2023
DTN Closing Grain Comments 01/03 13:58 Commodity Board Turns Red to Start 2023 Nearly all commodities finished in the red Tuesday, the first session of 2023, pressed by a higher U.S. Dollar Index and concerns about slower economic performance. The lone exception to Tuesday's selling throughout the grain sector was a C$5.80 gain in March canola. Tod...