Entries for February 2024
RECENT NEWS
27 Feb 2024
DTN Chart Technical Points 02/27 16:30 DTN FUTURES 10 2/27/24 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 586.00 580.00 577.67 587.10 598.27 50.62 48.40 47.64 50 52 43 34 CBTWT MAY 584.25 576.81 574.86 588.36 605.59 48.89 46.19 45.70 52 52 34 2...
27 Feb 2024
DTN Closing Livestock Comment 02/27 15:40 Lackadaisical Tones Dominate Tuesday's Livestock Market Heading into Wednesday's market Northern asking prices could surface but cash cattle trade isn't expected to surface until Thursday or Friday. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: It was a lackadaisical day for the livestock complex as trade...
27 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, February 27 Exchange rate was 1.353 up 0.0020 Chicago corn closed slightly higher. MAR24 HI 4.11 1/2 DEC24 HI 4.62 1/2 LOW 4.06 1/4 LOW 4.55 3/4 CLOSE4.08 1/4 Up 1 1/4 CLOSE 4.60 Up 3 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...
27 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 27 Exchange rate was 1.353 up 0.0020 Chicago soybeans closed slightly lower to steady. MAR24 HI 11.52 1/4 NOV24 HI 11.44 3/4 LOW 11.28 3/4 LOW 11.27 3/4 CLOSE11.31 1/4 Down 4 3/4 CLOSE 11.29 3/4 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt EL...
27 Feb 2024
DTN Closing Grain Comments 02/27 14:01 U.S. Wheat Prices Higher, Row Crops Mixed on Tame Tuesday May contracts of all three U.S. wheats were up 9 1/4 to 9 1/2 cents higher, possibly finding support at long-term lows. May corn was up 2 cents and May soybeans were down 4 1/2 cents after trying to trade higher earlier.