22 Mar 2023
DTN Chart Technical Points 03/22 16:30 DTN FUTURES 10 3/22/23 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 663.50 689.50 691.08 695.18 735.87 29.59 32.13 36.75 28 57 27 27 CBTWT JUL 674.75 698.81 701.06 704.43 741.75 29.71 32.30 36.91 26 55 27 2...
22 Mar 2023
DTN Closing Livestock Comment 03/22 15:45 Cash Cattle $1.00 Lower in the South, Steady to Higher in the North It was a mixed day for the livestock complex as traders were leery of supporting the contracts ahead of the Fed's interest rate announcement. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a doggish day leading up to the Fed's...
22 Mar 2023
OMAHA (DTN) -- Everyone in Congress loves "cutting-edge" agricultural research, they just don't pay for it very well. The result is that dollar for dollar, U.S. agricultural research spending actually declined over the past decade while China, the European Union, India and Brazil -- among others -- have increased their investments in agricultural r...
22 Mar 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, March 22 Exchange rate was 1.3669 down 0.0037 Chicago corn closed mixed. MAY23 HI 6.36 DEC23 HI 5.58 LOW 6.23 1/4 LOW 5.47 1/2 CLOSE6.33 1/2 Up 3 1/2 CLOSE 5.54 1/2 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY23+JUL23+JUL23 CK Low 1.30 ...
22 Mar 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, March 22 Exchange rate was 1.3669 down 0.0037 Chicago soybeans closed moderately lower. JUL23 HI 14.52 1/2 NOV23 HI 12.99 LOW 14.22 1/2 LOW 12.70 1/2 CLOSE14.25 Down 23 1/2 CLOSE 12.72 1/2 Down 23 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL2...
22 Mar 2023
DTN Closing Grain Comments 03/22 13:57 Soy Complex, Wheat Lower; Fed Raises Rate Quarter Percent May soybeans fell 18 1/2 cents to a new low in 2023 with meal and oil prices also lower. U.S. wheat prices ended lower after a day of volatile trading, while May corn achieved a modest gain with help from a sixth sale to China in nine days. Todd Hultman...
22 Mar 2023
DTN Midday Grain Comments 03/22 12:01 Corn, Wheat Mixed; Soybeans Down Midday Wednesday Corn trade is 3 higher to 2 cent lower; beans are 11 to 15 lower, and wheat trade is 4 cents to 1 cent lower. The U.S. stock market is mixed. The U.S. Dollar Index is 0.10 lower. Interest rate products are a little firmer. Energies are higher with crude up 40 ce...
22 Mar 2023
DTN Midday Livestock Comments 03/22 11:26 Livestock Contracts Trade Sheepishly Ahead of Fed's Rate Announcement Until the market can see what the Fed opts to do with interest rates, it's likely that the timid nature of the market continues. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's not surprising to see the livestock complex tradi...
22 Mar 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/22/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,821 WEEK TO DATE: 12,437 STEERS LIVE FOB 5,304 162.00-163.00 162.00-163.00 162.99 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 4,149 162.50-163.00 162.50-163.00 162.98 HEIFERS LIVE DELIVERED No ...
22 Mar 2023
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 810 AM EDT Wed Mar 22 2023 Values represent highs yesterday...lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M=Missing Data T=Trace NA=Not Available : .BR CLE 0322 ES DH00/TAIRZX/DH07/TA...