Entries for February 2024
RECENT NEWS
2 Feb 2024
DTN Chart Technical Points 02/02 16:30 DTN FUTURES 10 2/02/24 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 599.75 600.50 601.69 598.64 609.70 48.94 48.63 48.20 48 46 49 48 CBTWT MAY 608.00 609.56 611.31 609.56 620.89 47.06 47.23 47.33 45 44 45 4...
2 Feb 2024
DTN Closing Livestock Comment 02/02 15:25 Traders Left Livestock Contracts Close Mixed Ahead of Weekend Heading into Monday's trade, be on the lookout for the midmorning fed cattle report as it will state how many cattle were bought this week. It will give us better insight as to how aggressive packers will be in next week's cash market. ShayLe Ste...
2 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, February 2 Exchange rate was 1.3452 up 0.0076 Chicago corn closed slightly lower. MAR24 HI 4.48 3/4 DEC24 HI 4.79 1/4 LOW 4.42 LOW 4.75 1/4 CLOSE4.42 3/4 Down 4 1/2 CLOSE 4.76 3/4 Down 2 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+JUL...
2 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 2 Exchange rate was 1.3452 up 0.0076 Chicago soybeans closed slightly lower. MAR24 HI 12.08 1/4 NOV24 HI 11.88 3/4 LOW 11.86 3/4 LOW 11.70 1/4 CLOSE11.88 1/2 Down 14 3/4 CLOSE 11.71 Down 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MA...
2 Feb 2024
DTN Closing Grain Comments 02/02 13:59 Soybeans Post Seventh Lower Weekly Close as Brazil Harvest Continues March soybeans closed down 14 3/4 cents, pulled down by a new closing low in March soybean oil of 44.73 cents per pound. March corn ended the week with a 4 1/2-cent loss Friday, while wheat contracts were mixed, anticipating more precipitatio...