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DTN Closing Livestock Comment 01/21 16:15

21 Jan 2025
DTN Closing Livestock Comment 01/21 16:15 Traders Remain Skeptical of Overly Supporting the Livestock Contracts Heading into Wednesday's trade, look for packer interest to improve and continue to monitor consumer demand as it will likely influence trader support of the contracts. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as traders were apprehensive to overly support the livestock contracts, which ultimately led to the market's mostly lower close. A small movement of cattle was noted in the South where live cattle traded for $201, which is steady with last week's weighted average. March corn is up 5 3/4 cents per bushel and March soybean meal is up $13.80. The Dow Jones Industrial Average is up 537.98 points.
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MOST RECENT NEWS

Missouri Grain Company Cited in Death

29 Oct 2024
LINCOLN, Neb. (DTN) -- A grain facility in Hamilton, Missouri, owned by the cooperative MFA Inc. could have prevented an employee's fatal engulfment in a storage bin in May 2024 had it followed federal workplace safety requirements, the U.S. Department of Labor said on Tuesday after completing its investigation into the death of 25-year-old Austin ...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 29

29 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 29 Exchange rate was 1.3897 up 0.0024 Chicago soybeans closed slightly lower. JAN25 HI 9.91 1/2 NOV25 HI 10.25 1/2 LOW 9.78 1/2 LOW 10.16 3/4 CLOSE9.79 Down 7 CLOSE 10.17 1/4 Down 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JAN25...

FARM MARKET NEWS - CORN REPORT FOR Tue, October 29

29 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, October 29 Exchange rate was 1.3897 up 0.0024 Chicago corn closed slightly higher. DEC24 HI 4.14 3/4 DEC25 HI 4.41 LOW 4.10 LOW 4.38 1/4 CLOSE4.13 3/4 Up 3 CLOSE 4.39 3/4 Up 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK Low 1.0...

DTN Closing Grain Comments 10/29 14:38

29 Oct 2024
DTN Closing Grain Comments 10/29 14:38 Wheat Futures Higher Tuesday on Poor Crop Conditions It was an overall quiet and mixed session for grains Tuesday. Wheat futures led the way higher and provided support for corn. Unfortunately, soybeans were unable to sustain early support and closed lower. Crude oil slipped slightly again but seems to have st...
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