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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

FARM MARKET NEWS - CORN REPORT FOR Fri, January 17

17 Jan 2025
FARM MARKET NEWS - CORN REPORT FOR Fri, January 17 Exchange rate was 1.4431 up 0.0071 Chicago corn closed slightly to moderately higher. MAR25 HI 4.85 DEC25 HI 4.56 3/4 LOW 4.74 LOW 4.51 1/2 CLOSE4.84 1/4 Up 9 3/4 CLOSE 4.56 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MAY25+...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 17

17 Jan 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 17 Exchange rate was 1.4431 up 0.0071 Chicago soybeans closed slightly to moderately higher. MAR25 HI 10.39 NOV25 HI 10.30 LOW 10.19 LOW 10.18 1/4 CLOSE10.34 Up 15 CLOSE 10.27 3/4 Up 7 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR25+MAR25+...
DTN Closing Grain Comments 01/17 13:55

DTN Closing Grain Comments 01/17 13:55

17 Jan 2025
DTN Closing Grain Comments 01/17 13:55 Ag Markets Rally Ahead of Inauguration, Shortened Trading Week Ag markets were able to undo some of the losses set through Thursday's trade with a mostly firm session to close the week, led by corn futures which made technical gains to trade to the highest level for front-month futures since mid-December 2023....

DTN Midday Livestock Comments 01/17 11:37

17 Jan 2025
DTN Midday Livestock Comments 01/17 11:37 Weaker Tones Pressure Feeder Cattle and Lean Hog Markets No new cash cattle trade has developed and it's looking like the bulk of this week's business is essentially done with. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Aside from the live cattle complex, both the feeder cattle and lean hog mark...
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