Entries for February 2024
RECENT NEWS
6 Feb 2024
USDA Daily Market Rates 02/06 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 06, 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...
6 Feb 2024
DTN Early Word Livestock Comments 02/06 06:16 Further Selling Pressure May Continue Both live cattle and feeder cattle futures were lower across the board Monday. Some of the pressure may have come from the market being overbought and in need of correction. Traders developed some concerns about whether cash could increase this week. Hogs posted tri...
6 Feb 2024
USDA's World Agricultural Supply and Demand Estimates (WASDE) report in February is usually a quiet affair for grain and oilseed prices. This year, there may be some adjustments to U.S. export estimates. But most of traders' attention will likely be on South American crop estimates for corn and soybeans. USDA will release its February Crop Producti...
6 Feb 2024
DTN Early Word Grains 02/06 05:46 Grain Markets Slightly Higher in Quiet 2-Sided Trade Tuesday Morning March corn is up 1 cent per bushel, March soybeans are up 1 1/4 cents, March KC wheat is up 1 cent, March Chicago wheat is up 1 1/2 cents and March Minneapolis wheat is up 1 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET...
5 Feb 2024
DTN Chart Technical Points 02/05 16:30 DTN FUTURES 10 2/05/24 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 590.25 596.69 601.00 597.54 609.80 42.11 44.50 46.61 45 48 51 49 CBTWT MAY 599.00 605.44 610.44 608.25 620.85 40.46 43.21 45.77 41 45 46 4...