Entries for November 2023
RECENT NEWS
1 Nov 2023
DTN Chart Technical Points 11/01 16:30 DTN FUTURES 10 11/01/23 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 DEC 561.75 564.88 573.47 573.43 580.76 41.76 43.33 43.93 13 21 38 50 CBTWT MAR 589.50 592.88 601.08 601.63 608.35 40.71 42.64 43.75 13 21 35 ...
1 Nov 2023
DTN Closing Livestock Comment 11/01 15:54 Lean Hog Futures Erode late Wednesday What started out as a calm and quiet day of light to moderate gains across the livestock complex, turned into firm price pressure in lean hog trade in afternoon trade. The overall lack of market volume left contracts vulnerable for a price pullback once initial but thin...
1 Nov 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, November 1 Exchange rate was 1.388 up 0.0014 Chicago corn closed slightly lower. DEC23 HI 4.80 DEC24 HI 5.14 1/4 LOW 4.72 1/2 LOW 5.08 3/4 CLOSE4.75 Down 3 3/4 CLOSE 5.11 1/4 Down 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAR24 CK...
1 Nov 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 1 Exchange rate was 1.388 up 0.0014 Chicago soybeans closed slightly higher. JAN24 HI 13.19 1/4 NOV24 HI 12.72 LOW 13.04 3/4 LOW 12.61 CLOSE13.15 Up 4 1/2 CLOSE 12.68 1/4 Up 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+JAN24+MAR2...
1 Nov 2023
DTN Closing Grain Comments 11/01 14:09 New Recent Lows in Corn, Soybean Oil Prices; Fed Holds Interest Rates Steady December corn closed down 3 3/4 cents and July corn was down 2 1/2 cents. January soybeans closed up 4 1/2 cents and July soybeans were up 3 1/4 cents. December KC wheat closed up 10 3/4 cents, December Chicago wheat was up 5 1/2 cent...