26 Jan 2024
DTN Chart Technical Points 01/26 16:30 DTN FUTURES 10 1/26/24 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 MAR 600.25 604.94 595.50 600.71 607.08 48.26 48.21 48.25 76 81 45 34 CBTWT MAY 610.75 614.94 606.33 612.42 618.89 47.62 47.62 47.77 77 80 44 3...
26 Jan 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 26 Exchange rate was 1.3441 down 0.0035 Chicago soybeans closed slightly lower. MAR24 HI 12.30 3/4 NOV24 HI 12.02 3/4 LOW 12.08 1/2 LOW 11.83 1/2 CLOSE12.09 1/4 Down 13 3/4 CLOSE 11.85 Down 11 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +...
26 Jan 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, January 26 Exchange rate was 1.3441 down 0.0035 Chicago corn closed slightly lower. MAR24 HI 4.51 3/4 DEC24 HI 4.80 1/2 LOW 4.45 1/2 LOW 4.75 1/2 CLOSE4.46 1/4 Down 5 1/2 CLOSE 4.76 1/4 Down 4 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAY...
26 Jan 2024
DTN Closing Grain Comments 01/26 14:40 Grain and Soy Markets Plunge in Unison to End the Week on Fund Selling, Bearish Weather and Weak Exports Soybeans, wheat and corn fell together on Friday in a risk-off end to the week. Corn and soybeans have weakened on a more optimistic outlook for South American production, slowing exports and fund selling. ...
26 Jan 2024
Most farmers don't want to show self-employment (SE) income. After all, why pay the SE tax? To avoid it, they set up complex structures to reduce/shift income. But is paying an SE tax bad? Are there any benefits to showing SE income? Before discussing why some SE income is good, let's talk about the consequences of avoiding the SE tax. First, when ...