Entries for February 2024
RECENT NEWS
26 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, February 26 Exchange rate was 1.351 up 0.0009 Chicago corn closed slightly to moderately higher. MAR24 HI 4.07 3/4 DEC24 HI 4.57 3/4 LOW 3.94 1/2 LOW 4.46 CLOSE4.07 Up 7 1/4 CLOSE 4.57 Up 7 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+...
26 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 26 Exchange rate was 1.351 up 0.0009 Chicago soybeans closed narrowly mixed. MAR24 HI 11.42 1/4 NOV24 HI 11.34 1/4 LOW 11.24 3/4 LOW 11.22 3/4 CLOSE11.36 Up 3 CLOSE 11.29 3/4 Down 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+...
26 Feb 2024
DTN Closing Grain Comments 02/26 13:58 Corn, KC Wheat Prices Reverse Higher Monday, Drag Soybeans Along After taking a stab at another new low early Monday, May corn reversed course and closed up 8 cents, supported by higher volume. Likewise, May KC wheat was up 11 cents and May soybeans were up 3 1/2 cents.
26 Feb 2024
DTN Midday Livestock Comments 02/26 11:59 Cattle Turn Higher, Forget Friday's Cattle on Feed There was concern that the cattle complex could potentially be pressured early on this week as Friday's Cattle on Feed report was bearish. Thankfully, traders are looking past that report and continue to find support in the fundamentals of the market. ShayL...
26 Feb 2024
DTN Midday Grain Comments 02/26 10:53 Corn, Beans Lower; Wheat Mixed at Middday Monday Corn trade is 2-4 cents lower. Beans are 5-7 cents lower and wheat trade is 5 cents lower to 5 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is mixed at midday with the S&P 5 points lower. The dollar index is 12 point...