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DTN Closing Livestock Comment 11/20 16:03

20 Nov 2024

DTN Closing Livestock Comment 11/20 16:03 Livestock Complex Closes Mixed With Hope of Better Fundamental Support Heading into Thursday's trade traders will be eager to see Thursday's export report and given that both boxed beef prices and pork cutout values have been pressured recently, the markets are hoping for excellent demand. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed as the lean hog contracts finally found some technical footing in the futures complex, the feeder cattle market rallied through the day's end, but the live cattle complex closed on both sides of steady. A handful of cattle sold in Nebraska at $290, but not enough traded to say that any sort of trend has been established for the week. December corn is up 3 cents per bushel and December soybean meal is up $0.80. The Dow Jones Industrial Average is up 139.53 points.

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DTN Closing Livestock Comment 11/19 15:25

19 Nov 2024

DTN Closing Livestock Comment 11/19 15:25 Traders Continue to Dive Into Cattle Contracts Heading into Wednesday's market some early packer interest could develop, but trade will likely be delayed until Thursday or Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another rip-roaring rallying day for the cattle complex as traders...

FARM MARKET NEWS - CORN REPORT FOR Tue, November 19

19 Nov 2024

FARM MARKET NEWS - CORN REPORT FOR Tue, November 19 Exchange rate was 1.3957 down 0.0054 Chicago corn closed slightly lower. DEC24 HI 4.31 1/2 DEC25 HI 4.42 1/4 LOW 4.26 1/2 LOW 4.39 CLOSE4.27 1/4 Down 2 CLOSE 4.39 1/2 Down 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR2...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 19

19 Nov 2024

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 19 Exchange rate was 1.3957 down 0.0054 Chicago soybeans closed slightly lower to steady. JAN25 HI 10.12 3/4 NOV25 HI 10.28 1/2 LOW 9.95 1/4 LOW 10.17 3/4 CLOSE9.98 1/2 Down 11 1/4 CLOSE 10.21 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELE...

DTN Closing Grain Comments 11/19 13:42

19 Nov 2024

DTN Closing Grain Comments 11/19 13:42 Grain Markets Mixed as Prices Hit Technical Resistance Trade volume continued its steady decline Tuesday as the grain and oilseed markets' two-day price rally hit chart resistance. Currently the wheat market is the only one among the big three that has substantial fundamental backing in the form of Russian/Ukr...

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