Entries for May 2024
RECENT NEWS
7 May 2024
OMAHA (DTN) -- While trying to point to alternative data options, USDA continues to draw complaints from industry and members of Congress for canceling a few key market reports for this year. The National Agricultural Statistics Association (NASS) -- pointing to congressional budget cuts -- announced last month that it would cancel the July Cattle ...
6 May 2024
DTN Closing Livestock Comment 05/06 15:59 Boxed Beef Prices Close Higher; Livestock Contracts Close Lower The livestock complex rounded out the day Monday on a weaker note. However, seeing boxed beef prices close higher left cattlemen with the hope beef demand is improving. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock comple...
6 May 2024
DTN Chart Technical Points 05/06 16:30 DTN FUTURES 10 5/06/24 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 MAY 632.25 601.56 597.94 576.11 559.86 77.95 72.19 61.55 76 44 76 73 CBTWT JUL 648.75 618.69 615.81 592.99 574.93 77.49 72.21 62.24 70 43 75 7...
6 May 2024
This article was originally published at 3:03 p.m. CDT on Monday, May 6. It was last updated with additional information at 4:15 p.m. CDT on Monday, May 6. ** OMAHA (DTN) -- Corn planting progress fell behind the five-year average pace last week for the first time this season, while soybean planting continued ahead of the average pace, USDA NASS sa...
6 May 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago corn closed slightly to moderately higher. JUL24 HI 4.70 DEC24 HI 4.89 1/2 LOW 4.54 1/4 LOW 4.77 CLOSE4.69 Up 8 3/4 CLOSE 4.88 1/2 Up 5 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP2...