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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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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 16

16 Jan 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 16 Exchange rate was 1.436 up 0.0063 Chicago soybeans closed moderately lower. MAR25 HI 10.42 3/4 NOV25 HI 10.39 LOW 10.18 1/2 LOW 10.20 CLOSE10.19 Down 23 3/4 CLOSE 10.20 3/4 Down 18 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR25+MAR...

DTN Closing Grain Comments 01/16 13:46

16 Jan 2025
DTN Closing Grain Comments 01/16 13:46 Ag Markets Under Pressure Thursday in Risk-Off Trading Session Ag markets were pressured from the opening bell Thursday, led lower by soybeans as the market continues to brace for very large -- if not record -- production out of South America, as well as for what the outlook for agricultural trade may look lik...

DTN Midday Livestock Comments 01/16 11:42

16 Jan 2025
DTN Midday Livestock Comments 01/16 11:42 Traders Back Away From Resistance Pressure A few dressed cattle sales have been noted this morning at $322, which is $2.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's a lower trending day for the entire livestock complex as all three of the markets a...

DTN Midday Grain Comments 01/16 10:54

16 Jan 2025
DTN Midday Grain Comments 01/16 10:54 Corn, Soybean and Wheat Futures Lower at Midday Corn futures are 4 to 5 cents lower at midday Thursday; soybean futures are 20 to 22 cents lower; wheat futures are 5 to 8 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 4 to 5 cents lower at midday Thursday; soybean futures ...
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