Entries for July 2024
RECENT NEWS
9 Jul 2024
OMAHA (DTN) -- It will take time to assess all the agricultural damage in Texas and other states from Hurricane Beryl and its remnants, but at least some grain infrastructure was knocked out by winds that reached 95 miles per hour in some areas. In Houston, millions of people remained without power on Tuesday while temperatures were expected to ris...
9 Jul 2024
DTN Closing Livestock Comment 07/09 16:17 Boxed Beef Prices Turn Lower Tuesday Heading into Wednesday's market, traders will continue to closely watch boxed beef prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a disappointing day for the cattle complex, as the boxed beef market softened, which sent traders into a tizzy and led...
9 Jul 2024
DTN Chart Technical Points 07/09 16:30 DTN FUTURES 10 7/09/24 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 JUL 554.25 558.50 557.69 570.61 625.90 38.78 38.05 41.70 41 56 18 16 CBTWT SEP 572.00 576.75 576.86 588.57 645.51 38.23 37.56 41.44 44 54 17 1...
9 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, July 9 Exchange rate was 1.361 down 0.0006 Chicago corn closed slightly higher. SEP24 HI 3.98 3/4 DEC24 HI 4.12 3/4 LOW 3.91 3/4 LOW 4.06 1/4 CLOSE3.94 Up 3/4 CLOSE 4.08 1/2 Up 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP24+DEC24+DEC24 CK Low ...
9 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 9 Exchange rate was 1.361 down 0.0006 Chicago soybeans closed slightly to moderately lower. AUG24 HI 11.53 NOV24 HI 11.01 LOW 11.28 1/2 LOW 10.77 1/2 CLOSE11.31 1/4 Down 17 3/4 CLOSE 10.80 Down 19 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS ...