Entries for March 2023
RECENT NEWS
24 Mar 2023
DTN Chart Technical Points 03/24 16:30 DTN FUTURES 10 3/24/23 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 MAY 688.50 674.31 689.61 691.57 732.71 46.61 43.56 42.11 30 24 22 27 CBTWT JUL 700.00 685.31 699.78 701.22 738.97 47.49 44.27 42.55 32 24 23 2...
24 Mar 2023
DTN Closing Livestock Comment 03/24 15:43 Live Cattle and Lean Hogs Close Higher Friday It was refreshing to see some of the livestock contracts close higher after another week when the livestock contracts were pressured by external factors. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Traders seemed to have a change of heart with Friday's...
24 Mar 2023
FARM MARKET NEWS - CORN REPORT FOR Fri, March 24 Exchange rate was 1.3713 up 0.0018 Chicago corn closed moderately higher. MAY23 HI 6.45 DEC23 HI 5.60 3/4 LOW 6.27 1/2 LOW 5.49 1/4 CLOSE6.43 Up 11 1/4 CLOSE 5.60 1/4 Up 8 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY23+JUL23+JUL23 CK Low ...
24 Mar 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, March 24 Exchange rate was 1.3713 up 0.0018 Chicago soybeans closed slightly higher. JUL23 HI 14.11 NOV23 HI 12.76 3/4 LOW 13.83 3/4 LOW 12.47 1/2 CLOSE14.06 1/4 Up 7 3/4 CLOSE 12.73 1/4 Up 15 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JU...
24 Mar 2023
DTN Closing Grain Comments 03/24 14:04 Crop Prices End Higher Helped by Friday's False Rumor A false rumor floated by Reuters Friday morning that Russia was considering a temporary ban on exports of wheat and sunflower oil triggered a burst of short-covering at the end of an otherwise bearish week, prices which held positive ground even after Reute...