12 Apr 2024
USDA Daily Market Rates 04/12 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: April 12, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not b...
12 Apr 2024
DTN Early Word Livestock Comments 04/12 06:15 Cash Cattle Expected to Trade Lower Friday After spending some time in negative territory, cattle futures were able to gain some traction and move higher Thursday. Technical support held for the time being. Hogs struggled to close higher after the huge price decline Wednesday. The packers were not aggre...
12 Apr 2024
DTN Early Word Grains 04/12 05:54 Grain Markets Mostly Higher, Rebounding From Thursday's USDA-Related Selloff May corn is up 1 cent per bushel, May soybeans are up 4 1/2 cents, May KC wheat is up 4 3/4 cents, May Chicago wheat is up 3 cents and May Minneapolis wheat is down 1/2 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET C...
12 Apr 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 842 AM EDT Fri Apr 12 2024 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 0412 ES DH00/TAIRZX/DH07/TA...
11 Apr 2024
DTN Chart Technical Points 04/11 16:30 DTN FUTURES 10 4/11/24 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 551.75 558.44 557.28 553.53 561.23 46.51 47.02 45.94 34 52 70 72 CBTWT JUL 566.25 573.06 572.47 568.74 570.61 46.58 47.68 46.64 32 50 71 7...
11 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, April 11 Exchange rate was 1.3664 down 0.0006 Chicago corn closed slightly lower. MAY24 HI 4.37 1/2 DEC24 HI 4.74 1/4 LOW 4.27 1/2 LOW 4.65 1/4 CLOSE4.28 3/4 Down 5 1/2 CLOSE 4.66 Down 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+SEP...
11 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 11 Exchange rate was 1.3664 down 0.0006 Chicago soybeans closed slightly lower. MAY24 HI 11.66 1/4 NOV24 HI 11.70 1/4 LOW 11.51 LOW 11.56 CLOSE11.59 1/4 Down 5 1/2 CLOSE 11.64 1/4 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+...
11 Apr 2024
The April 11 World Agricultural Supply and Demand Estimates (WASDE) report featured some bullish changes to U.S. corn demand and ending stocks that were not unexpected. However, it was the decision to leave Brazil corn and soy production unchanged that was the big surprise. Here is a look at each commodity and the changes. CORN Traders were lookin...
11 Apr 2024
DTN Closing Grain Comments 04/11 14:10 Soybean Oil, Spring Wheat Prices Lead Bearish Response to USDA Report May soybean oil fell 1.58 cents and May Minneapolis wheat was down 14 3/4 cents, taking the largest percentage losses from higher supply estimates in USDA's WASDE report Thursday. May contracts of corn, soybeans and all three U.S. wheats fin...
11 Apr 2024
DTN Midday Livestock Comments 04/11 11:52 Hogs Refocus, Return to Higher Trade Bids are currently being offered in the cash cattle market but still no cattle have traded by midday Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed into Thursday's noon hour as the lean hog market refocuses followi...