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DTN Closing Livestock Comment 07/23 16:14

23 Jul 2021
DTN Closing Livestock Comment 07/23 16:14 Livestock Contracts Triumph on Friday's Close Heading into Monday's trade, the cattle contracts hope that the bullish USDA reports will have some effect on the market, but they know better than to count on it. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a good day for the livestock complex as the cattle contracts were supported by favorable USDA reports and the lean hog market saw higher pork cutout values Friday afternoon and their nearby contracts closed higher as well. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.72 with a weighted average of $104.59 on 3,779 head. December corn is down 18 1/4 cents per bushel and December soybean meal is down $9.80. The Dow Jones Industrial Average is up 238.20 points and NASDAQ is up 152.39 points.
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DTN Closing Livestock Comment 07/21 16:11

21 Jul 2021
DTN Closing Livestock Comment 07/21 16:11 Packers Are Running Slower Slaughter Speeds Wednesday was a higher closing day throughout the technical side of the livestock market, but fundamentally the live cattle market suffered. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock contracts were able to close higher Wednesday afternoo...

DTN Chart Technical Points 07/21 16:30

21 Jul 2021
DTN Chart Technical Points 07/21 16:30 DTN FUTURES 10 7/21/21 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT SEP 710.75 700.38 668.58 656.65 667.57 72.21 64.34 56.62 84 87 87 66 CBTWT DEC 719.75 708.63 676.58 664.46 674.52 73.52 65.37 57.25 84 88 87 6...

Herbicide Injury on the Rise

21 Jul 2021
ROCKVILLE, Md. (DTN) -- Both the temperature and tempers are running hot this summer, as herbicide injury surfaces across the Midwest and South once again. Dicamba remains the primary source of complaints, although cases of 2,4-D injury are also being reported, state regulators told DTN. In October 2020, EPA granted new labels and five-year registr...

FARM MARKET NEWS - CORN REPORT FOR Wed, July 21

21 Jul 2021
FARM MARKET NEWS - CORN REPORT FOR Wed, July 21 Exchange rate was 1.256 down 0.0141 Chicago corn closed steady to slightly higher. SEP21 HI 5.79 DEC21 HI 5.73 LOW 5.67 3/4 LOW 5.62 3/4 CLOSE5.71 3/4 Unchanged CLOSE 5.68 1/2 Up 2 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP21+DEC21+D...
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