Entries for March 2023
RECENT NEWS
6 Mar 2023
DTN Closing Livestock Comment 03/06 15:33 Both Feeder Cattle and Live Cattle Contracts Reach New Highs It was a dynamic day for the cattle contracts as traders were willing to aggressively advance the contracts given the market's tremendous fundamental support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a wild day for the cattle c...
6 Mar 2023
FARM MARKET NEWS - CORN REPORT FOR Mon, March 6 Exchange rate was 1.3617 up 0.0021 Chicago corn closed slightly lower. MAY23 HI 6.40 1/4 DEC23 HI 5.71 1/2 LOW 6.34 LOW 5.65 3/4 CLOSE6.37 Down 2 3/4 CLOSE 5.70 Down 1 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 1.30 ...
6 Mar 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 6 Exchange rate was 1.3617 up 0.0021 Chicago soybeans closed slightly higher. MAY23 HI 15.38 1/2 NOV23 HI 13.86 1/2 LOW 15.10 3/4 LOW 13.64 3/4 CLOSE15.29 Up 10 1/4 CLOSE 13.79 1/4 Up 6 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY...
6 Mar 2023
DTN Closing Grain Comments 03/06 13:55 Soybean Meal Surges Higher, While KC Wheat Falls to New Low On a day that started with all red quotes in the morning, May soybean meal turned around and closed up $12.10 at a new contract high of $493.40 Monday, continually propped up by what looks like insatiable demand. On the other end of the spectrum, May ...
6 Mar 2023
DTN Midday Livestock Comments 03/06 11:31 Cattle Race Higher Midday Monday It's an exciting Monday for the cattle complex as both the live cattle and feeder cattle contracts are racing higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are rallying into Monday's noon hour as the market co...