Entries for February 2024
RECENT NEWS
1 Feb 2024
DTN Midday Grain Comments 02/01 10:49 Corn, Soybean Lower; Wheat Higher at Midday Thursday Corn trade is 2-3 cents lower; beans are 17-19 cents lower and wheat trade is flat to 5 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 15 points higher. The dollar index is flat. Th...
1 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/01/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,995 WEEK TO DATE: 5,008 STEERS LIVE FOB 1,511 178.00-178.00 178.00-178.00 178.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,607 178.00-178.00 178.00-178.00 178.00 HEIFERS LIVE DELIVERED No re...
1 Feb 2024
OMAHA (DTN) -- Farmers might actually get a chance to deduct larger equipment purchases and buildings after the House of Representatives overwhelmingly passed a $78 billion tax package Wednesday night. The House voted 357-70 to pass a tax package that includes a mix of business tax credits along with an expansion of the child tax credit. Under the ...
1 Feb 2024
USDA Daily Market Rates 02/01 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 01, 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...
1 Feb 2024
DTN Early Word Livestock Comments 02/01 06:23 Cattle Futures to Remain Supported Cattle futures were mixed into the close Wednesday as traders positioned ahead of the inventory report and over concern with the weakness of boxed beef. Hogs were mixed but mostly higher with traders uncertain over ongoing demand. Robin Schmahl DTN Contributing Analyst...