News & Resources

DTN Early Word Livestock Comments 09/12 06:23

12 Sep 2024
DTN Early Word Livestock Comments 09/12 06:23 Traders Hope For Better Cash Trade Thursday Livestock futures closed higher in nearly all contracts Wednesday. Cattle closed higher after spending some time in negative territory despite fundamental weakness. Hog futures had some unwinding of spreads supporting nearby contracts. Robin Schmahl DTN Contributing Analyst Cattle: Lower Futures: Mixed Live Equiv: $225.46 -$0.98* Hogs: Lower Futures: Lower Lean Equiv: $99.02 -$1.89** *Based on the formula estimating live cattle equivalent of gross packer revenue. (The Live Cattle Equiv. The index has been updated to depict recent changes in live cattle weights and grading percentages.) ** based on formula estimating lean hog equivalent of gross packer revenue. GENERAL COMMENTS: Cattle futures spent some time in negative territory Wednesday, but ultimately found the strength to close higher. Traders seemed to lack the conviction to establish long positions as there was uncertainty over the potential for sustained higher prices. The upside price potential may be limited as there were a few cattle sales in the South at $1.00 lower. This may have set the stage for cash trade this week with business expected to increase Thursday. Boxed beef prices showed further weakness with choice down $0.87 and select down $2.63. Feeder cattle showed greater strength, likely due to less trading volume than live cattle futures. Auction prices for various weight categories are mixed. USDA will release the WASDE report Thursday containing their estimates for beef production and prices.
Read More

45Z Tax Credit: Farm Windfall or Bust?

6 Jun 2024
RIVERSIDE, Iowa (DTN) -- The word "massive" came up often when officials with Continuum Ag spoke about the potential for biofuels producers and farmers to cash in on the upcoming 45Z tax credit, at the company's annual topsoil summit in Riverside, Iowa, on Monday. The question of how -- or if -- agriculture will see a payout from the $1 per-gallon ...

USDA Daily Market Rates 06/06

6 Jun 2024
USDA Daily Market Rates 06/06 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: June 06, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be...

DTN Early Word Livestock Comments 06/06 06:17

6 Jun 2024
DTN Early Word Livestock Comments 06/06 06:17 Demand Uncertainty Grips the Market Selling pressure engulfed the livestock complex Wednesday as there was little news to provide support. Cash cattle trade should surface, but traders are not as optimistic as they had been. Hogs continued to fall and may now even challenge the lows. Robin Schmahl DTN C...

DTN Early Word Grains 06/06 05:52

6 Jun 2024
DTN Early Word Grains 06/06 05:52 Grains Markets Mixed With a Rebound in Corn and Soybeans, Wheat Continues to Correct July corn is up 4 1/4 cents per bushel, July soybeans are up 3 cents, July KC wheat is down 1/4 cent, July Chicago wheat is down 1 cent and July Minneapolis wheat is up 1 3/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNI...
Page 200 of 200First   Previous   191  192  193  194  195  196  197  198  199  [200]  Next   Last