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DTN Closing Livestock Comment 12/03 16:04

3 Dec 2024

DTN Closing Livestock Comment 12/03 16:04 Cattle Regain Some of Monday's Lost Position Both the live cattle and feeder cattle markets regained some technical footing throughout Tuesday's trade, but it will be imperative for the market's continuation that fundamental support in the form of steady/stronger cash cattle sales develop later this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After trading sharply lower through Monday's end, the cattle contracts were thankful for the opportunity to regain some of their lost footing in Tuesday's market. Asking prices are noted in the cash market at $192 to $194 in the South but are still not established in the North. March corn is down 1/4 cent per bushel and January soybean meal is up $2.50. The Dow Jones Industrial Average is down 76.47 points.

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USDA-FDA Seek Information About Food Date Labeling, Aim is to Provide Further Clarity, Transparency and Cost Savings for U.S. Consumers

3 Dec 2024

WASHINGTON, Dec. 3, 2024 – The U.S. Food and Drug Administration (FDA) and the U.S Department of Agriculture (USDA) today are announcing a joint Request for Information (RFI) about food date labeling, which includes the usage of terms such as “Sell By,” “Use By” and “Best By.” The RFI seeks information on industry practices and preferences for date...

Portland Grain Review 12/03

3 Dec 2024

December 3, 2024 Portland Price Trends 12-01-23 01-01-24 11-01-24 11-26-24 12-03-24 #1 SWW (bus) 6.80 6.65 6.00 6.00 6.00 White Club 7.30 7.15 6.15 6.15 6.15 DNS 14% 8.12 8.03 6.75 6.75 6.68 HRW 11.5% 7.02 6.97 6.42 6.32 6.20 #2 Corn (ton) 228.00 232.00 209.00 213.00 212.00 #2 Barley 180.00 180.00 150.00 150.00 150.00 Wheat...West coast white wheat...

Farmers Optimistic Despite Ag Pressures

3 Dec 2024

OMAHA (DTN) -- U.S. farmer optimism in November reached its highest level since May 2021, yet some of agriculture's biggest employers are announcing massive layoffs and idling production facilities. The latest release looking at farmer sentiment from the Purdue University/CME Group Ag Economy Barometer shows farmers' outlook shot up 37 points in No...

DTN Midday Grain Comments 12/03 10:45

3 Dec 2024

DTN Midday Grain Comments 12/03 10:45 Soybean, Wheat Futures Higher at Midday; Corn Flat-Lower Corn futures are flat to a penny lower at midday Tuesday; soybean futures are 4 to 6 cents higher; wheat futures are 3 to 6 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are flat to a penny lower at midday Tuesday; soy...

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