Entries for July 2024
RECENT NEWS
2 Jul 2024
DTN Early Word Livestock Comments 07/02 06:22 Traders Take a Wait-and-See Attitude Cattle futures could not find buying support Monday with traders cautious over the potential for cash cattle prices this week. A good amount of cattle were purchased for defered delivery last week. Hog futures tried to rally but could not continue the strength throug...
2 Jul 2024
DTN Early Word Grains 07/02 05:48 U.S. Row Crop Prices Higher Early Tuesday as Rain Returns to the Northwestern Corn Belt December corn was up 2 1/2 cents, November soybeans were up 7 cents and September KC wheat was down 6 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn was up 2 1/2 cents, November soybeans wer...
2 Jul 2024
MT. JULIET, Tenn. (DTN) -- Farmers have nearly 37% more corn in on-farm storage as of June 1 than the year before, relying on their enhanced storage capacity as profitable prices remain elusive. On June 28, USDA said national corn stockpiles stood at 4.99 billion bushels (bb), 22% more than in June 2023. Of that, 3.03 bb are stored on farms, while ...
1 Jul 2024
DTN Chart Technical Points 07/01 16:30 DTN FUTURES 10 7/01/24 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 569.25 555.94 559.36 590.18 631.28 40.77 38.90 42.94 68 41 8 4 CBTWT SEP 590.25 575.94 577.33 609.07 651.03 41.84 39.41 43.22 71 44 9 4 KC...
1 Jul 2024
DTN Closing Livestock Comment 07/01 15:38 Sluggish Monday Tones Dominate the Cattle Complex It was a downward trending day for the livestock markets as very little trader interest developed throughout the day. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a hem-haw, lackadaisical Monday for the livestock complex as all three markets...