Entries for February 2024
RECENT NEWS
5 Feb 2024
DTN Closing Livestock Comment 02/05 15:36 Sluggish Trade Pulls Livestock Lower Through Monday's Close Heading into Tuesday's market trade will continue to look for support after Monday's lousy trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a sluggish day for the livestock complex as traders elected to take a cautious approach ...
5 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, February 5 Exchange rate was 1.3521 up 0.0069 Chicago corn closed narrowly mixed. MAR24 HI 4.45 DEC24 HI 4.79 1/4 LOW 4.39 1/2 LOW 4.75 1/4 CLOSE4.42 3/4 Unchanged CLOSE 4.77 3/4 Up 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+JUL24 CK L...
5 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 5 Exchange rate was 1.3521 up 0.0069 Chicago soybeans closed slightly higher. MAR24 HI 11.98 1/2 NOV24 HI 11.77 1/2 LOW 11.79 1/2 LOW 11.65 1/4 CLOSE11.96 1/4 Up 7 3/4 CLOSE 11.76 3/4 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR...
5 Feb 2024
DTN Closing Grain Comments 02/05 13:57 Soy Products Lead Soybean Prices Higher, While Wheat Prices Fall Thanks to higher percentage gains in soybean meal and bean oil, March soybeans closed up 7 3/4 cents, the only green shading in Monday's grain-related quotes. March corn was unchanged and March contracts of all three U.S. wheats finished lower. T...
5 Feb 2024
DTN Midday Livestock Comments 02/05 11:52 Cautious Tones Dominate Livestock Complex at Week's Start Traders are cautiously not overly supporting livestock contracts following last week's aggressive moves. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading lower as Monday's noon hour approaches and traders want t...