RECENT NEWS
29 May 2024
OMAHA (DTN) -- A federal judge in Minnesota has ruled that a handful of cow-calf producers don't have standing to sue the country's largest packers over a drop in fed cattle prices in 2015. U.S. District Judge John Tunheim ruled against a group of cattle producers from Kansas, Missouri, Nebraska and Tennessee who had filed claims against Tyson Food...
29 May 2024
DTN Chart Technical Points 05/29 16:30 DTN FUTURES 10 5/29/24 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 692.75 697.06 686.89 669.79 616.50 64.49 65.48 62.71 51 61 82 84 CBTWT SEP 713.75 717.44 707.14 690.03 635.13 65.50 66.46 63.75 54 63 83 8...
29 May 2024
LINCOLN, Neb. (DTN) -- China has banned beef imports from JBS's Swift Beef Company plant in Greeley, Colorado, effective on May 27, 2024, after U.S. officials found traces of the feed additive ractopamine in meat from the plant set for export to China, according to information from USDA's Food Safety and Inspection Service. China also blocked meat ...
29 May 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, May 29 Exchange rate was 1.3709 up 0.0064 Chicago corn closed moderately lower. JUL24 HI 4.63 DEC24 HI 4.85 3/4 LOW 4.54 1/4 LOW 4.77 3/4 CLOSE4.55 1/4 Down 7 1/4 CLOSE 4.78 3/4 Down 6 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24...
29 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 29 Exchange rate was 1.3709 up 0.0064 Chicago soybeans closed slightly lower. JUL24 HI 12.31 1/4 NOV24 HI 12.10 3/4 LOW 12.12 1/2 LOW 11.95 3/4 CLOSE12.14 Down 15 1/2 CLOSE 11.96 3/4 Down 13 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+...