Entries for February 2024
RECENT NEWS
28 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, February 28 Exchange rate was 1.3576 up 0.0046 Chicago corn closed slightly higher. MAY24 HI 4.30 1/2 DEC24 HI 4.64 1/2 LOW 4.21 3/4 LOW 4.58 1/2 CLOSE4.28 1/2 Up 5 CLOSE 4.63 1/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+JUL24...
28 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 28 Exchange rate was 1.3576 up 0.0046 Chicago soybeans closed slightly higher. MAY24 HI 11.51 1/2 NOV24 HI 11.39 1/2 LOW 11.34 LOW 11.25 CLOSE11.45 1/4 Up 4 1/2 CLOSE 11.35 Up 5 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+MA...
28 Feb 2024
DTN Closing Grain Comments 02/28 13:44 Corn, Soybeans, Soymeal Strengthen; Wheat Reverses on Better Rain Chance, Weak Russian Values Corn and soybeans showed some strength Wednesday, with corn rising for the third consecutive day. Strength is partly attributed to a warmer and drier outlook for the next 10 days to two weeks for parts of central and ...
28 Feb 2024
DTN Midday Livestock Comments 02/28 11:31 Cattle Futures See Mild Technical Pressure The cash cattle market hasn't seen any bids develop and it's likely trade will be delayed until Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is a mixed playing field for the futures as the cattle contracts are enduring some...
28 Feb 2024
DTN Midday Grain Comments 02/28 10:59 Corn, Beans Higher, Wheat Lower at Midday Wednesday Corn trade is 4-5 cents higher. Beans are 9-10 cents higher and wheat trade is 4-7 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is weaker at midday with the S&P 4 points lower. The dollar index is 16 points higher....