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DTN Closing Livestock Comment 12/03 17:09

DTN Closing Livestock Comment 12/03 17:09
3 Dec 2023
DTN Closing Livestock Comment 12/03 17:09 Feeder Cattle Futures Tumble Lower Friday Active pressure in livestock futures trade Friday was led by aggressive market losses across the feeder cattle complex. The optimism seen Tuesday and Wednesday has been fully eroded as January feeder cattle fell nearly $5 per cwt through the week. Rick Kment DTN Analyst GENERAL COMMENTS: Week Ended: 12/1/23: From Friday-to-Friday, livestock futures scored the following changes: December Live Cattle off $0.97, February Live Cattle off $1.85; January Feeder Cattle off $4.90, March Feeder Cattle off $5.50; December Lean Hogs up $1.03, February Lean Hogs up $1.33; December Pork cutout up $1.95.
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MOST RECENT NEWS
FARM MARKET NEWS - CORN REPORT FOR Wed, November 29

FARM MARKET NEWS - CORN REPORT FOR Wed, November 29

29 Nov 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, November 29 Exchange rate was 1.3589 up 0.0029 Chicago corn closed slightly higher. MAR24 HI 4.77 1/4 DEC24 HI 5.08 1/2 LOW 4.70 1/2 LOW 5.03 3/4 CLOSE4.75 3/4 Up 2 1/4 CLOSE 5.07 3/4 Up 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAR24...
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 29

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 29

29 Nov 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 29 Exchange rate was 1.3589 up 0.0029 Chicago soybeans closed narrowly mixed. JAN24 HI 13.52 NOV24 HI 12.96 LOW 13.37 LOW 12.84 3/4 CLOSE13.47 Up 1/2 CLOSE 12.92 1/2 Down 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+JAN24+MAR24 CK ...
DTN Closing Grain Comments 11/29 13:41

DTN Closing Grain Comments 11/29 13:41

29 Nov 2023
DTN Closing Grain Comments 11/29 13:41 Kansas City Wheat Soars Second Straight Day; Corn Sets a New Low Again in Quiet Trade Following the Tuesday new low in KC March wheat and the subsequent key reversal, wheat futures surged again Wednesday, perhaps signaling the bottom is in. In dull trade, corn futures reached a new low for the third consecutiv...
DTN Midday Livestock Comments 11/29 11:42

DTN Midday Livestock Comments 11/29 11:42

29 Nov 2023
DTN Midday Livestock Comments 11/29 11:42 Cattle Market Support Continues Moderate to active follow-through support developed across livestock futures Wednesday morning as buyers continue to step back into the market, moving prices further from recent lows. Rick Kment DTN Analyst GENERAL COMMENTS: Triple-digit gains are seen in several livestock fu...
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