Entries for February 2024
RECENT NEWS
29 Feb 2024
USDA Daily Market Rates 02/29 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 29, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may no...
29 Feb 2024
DTN Early Word Livestock Comments 02/29 06:16 Cattle Futures May Show Further Weakness Cattle futures were under pressure Wednesday with feeder contracts showing the greatest effect. The market may be making a price correction, which would change market sentiment. Hogs were able to eke out a higher close again after first making new highs in some c...
29 Feb 2024
DTN Early Word Grains 02/29 05:45 Grain Markets Mixed After Three-Day Corn Rally; Soybeans Fall on Deliveries May corn is down 3/4 cent per bushel, May soybeans are down 8 1/2 cents, May KC wheat is up 1 cent, May Chicago wheat is up 1 cent and May Minneapolis wheat is up 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET C...
28 Feb 2024
DTN Chart Technical Points 02/28 16:30 DTN FUTURES 10 2/28/24 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 571.00 576.94 576.06 585.40 597.35 40.58 42.15 44.80 45 48 39 37 CBTWT MAY 574.75 575.69 573.94 586.43 604.50 42.45 42.24 43.89 55 52 33 2...
28 Feb 2024
DTN Closing Livestock Comment 02/28 15:51 Cattle Close Slightly Lower; Southern Cattle Sell Steady Some Southern live cattle have traded at $183, which is steady with last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a slow and lethargic day for the cattle contracts as little excitement developed. Some cash...