9 May 2024
DTN Chart Technical Points 05/09 16:30 DTN FUTURES 10 5/09/24 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 MAY 619.75 623.19 604.67 587.28 564.63 66.28 64.60 58.42 68 80 88 80 CBTWT JUL 637.50 640.75 622.31 604.64 580.46 66.82 65.27 59.30 72 79 88 7...
9 May 2024
DTN Closing Livestock Comment 05/09 15:53 Demand Continues to Lag on Thursday Heading into Friday's trade be on the lookout for any developments in the cash cattle market and the morning's WASDE report ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday's trade was largely disappointing as the market saw livestock contracts close lower ...
9 May 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, May 9 Exchange rate was 1.3671 down 0.0047 Chicago corn closed slightly lower. JUL24 HI 4.62 DEC24 HI 4.85 LOW 4.54 1/4 LOW 4.77 1/2 CLOSE4.56 1/2 Down 2 CLOSE 4.80 Down 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low 0.70 ...
9 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 9 Exchange rate was 1.3671 down 0.0047 Chicago soybeans closed slightly to moderately lower. JUL24 HI 12.36 3/4 NOV24 HI 12.19 1/2 LOW 12.06 1/4 LOW 11.98 CLOSE12.08 1/2 Down 19 1/4 CLOSE 12.00 1/2 Down 12 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt EL...
9 May 2024
DTN Closing Grain Comments 05/09 16:37 New Low in Soybean Oil Drags Soybean Prices Lower Thursday July soybean oil fell 1.15 cents to 42.64 cents Thursday, the lowest July close in three years as prices continue to reflect a loss of market share to competing feedstocks for making biofuel. November soybeans closed down 12 1/2 cents, but July contrac...