Entries for February 2024
RECENT NEWS
1 Feb 2024
DTN Closing Livestock Comment 02/01 15:40 Cattle Run With Ample Support Thursday Heading into Friday's trade, the cash cattle market could see a little more trade but prices will likely remain steady with the week's trend. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a powerful day for the cattle complex as both the live cattle and...
1 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, February 1 Exchange rate was 1.3376 up 0.0008 Chicago corn closed slightly lower. MAR24 HI 4.48 DEC24 HI 4.79 3/4 LOW 4.43 1/2 LOW 4.75 3/4 CLOSE4.47 1/4 Down 1 CLOSE 4.79 Down 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 Low 0....
1 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 1 Exchange rate was 1.3376 up 0.0008 Chicago soybeans closed slightly to moderately lower. MAR24 HI 12.21 3/4 NOV24 HI 11.99 LOW 11.99 1/2 LOW 11.83 CLOSE12.03 1/4 Down 19 CLOSE 11.85 1/2 Down 14 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATO...
1 Feb 2024
DTN Closing Grain Comments 02/01 14:05 Soybean Prices Fall Back Thursday, Hurt By Brazil's Cheaper Prices March soybeans closed down 19 cents Thursday, pressured by a new marketing year low in last week's export sales and by cheaper prices in Brazil. Corn and wheat prices were quietly mixed after another disappointing week of wheat export sales. To...
1 Feb 2024
DTN Midday Livestock Comments 02/01 11:41 Cattle Run Higher Thursday Cattle futures are charging Thursday higher as Wednesday's Cattle Inventory report was extremely bullish. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday has been a jolting day for cattle futures as Wednesday's encouraging Cattle Inventory report sent both the live...