17 Apr 2024
USDA Daily Market Rates 04/17 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: April 17, 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...
17 Apr 2024
DTN Early Word Livestock Comments 04/17 06:23 Another Day of Gains in Cattle Futures is Uncertain Cattle futures continued higher Tuesday on further short-covering and renewed buying interest. Hog futures could not hold the strong gains seen during the day, posting only slight gains into the close. Robin Schmahl DTN Contributing Analyst Cattle: Low...
17 Apr 2024
OMAHA (DTN) -- Average retail prices for all eight fertilizers were up from last month in the second week of April 2024, according to sellers surveyed by DTN. This marks the third straight week retail prices for all fertilizers were higher. Despite the increases, though, only one fertilizer saw a significant price jump, which DTN designates as any...
17 Apr 2024
DTN Early Word Grains 04/17 05:48 Grain Markets Slightly Higher as Corn, Wheat Remain Rangebound May corn is up 1 1/4 cents per bushel, May soybeans are up 1 1/4 cents, July KC wheat is up 1/4 cent, May Chicago wheat is up 4 1/2 cents and May Minneapolis wheat is up 3 1/4 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES...
16 Apr 2024
WASHINGTON (DTN) -- The chairman of the House Agriculture Committee expects to mark-up a farm bill in committee before the end of May and use a Biden administration move to boost SNAP spending to increase spending in other areas of the farm bill. Rep. Glenn "GT" Thompson, R-Pa., spoke Tuesday to members of North American Agricultural Journalists (N...
16 Apr 2024
DTN Chart Technical Points 04/16 16:30 DTN FUTURES 10 4/16/24 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 549.75 552.31 557.19 554.49 558.04 44.71 46.03 45.48 30 27 53 64 CBTWT JUL 564.75 567.31 572.06 569.74 568.26 45.11 46.83 46.22 30 27 54 6...
16 Apr 2024
DTN Closing Livestock Comment 04/16 15:37 Cattle Continue to Inch Higher It was another strong day for the livestock complex as all three markets closed higher thanks to ample trader interest. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a good day for the livestock complex as all three markets closed higher. Heading into Wednesday...
16 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, April 16 Exchange rate was 1.3802 up 0.0033 Chicago corn closed slightly lower. MAY24 HI 4.32 1/4 DEC24 HI 4.70 LOW 4.28 1/2 LOW 4.65 1/2 CLOSE4.31 Down 1/2 CLOSE 4.67 1/4 Down 2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+SEP24 CK Low 0....
16 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, April 16 Exchange rate was 1.3802 up 0.0033 Chicago soybeans closed slightly lower. MAY24 HI 11.63 NOV24 HI 11.72 LOW 11.43 1/4 LOW 11.56 1/2 CLOSE11.45 Down 13 1/4 CLOSE 11.58 1/2 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+J...
16 Apr 2024
DTN Closing Grain Comments 04/16 13:44 US Soybean Prices Fall, Face Southern Harvest Pressure May soybeans fell 13 1/4 cents to a new one-month low, dragged down by a 0.56-cent loss in May soybean oil, while soybean harvests continue to make progress in Brazil and Argentina. May corn was down a half-cent and U.S. wheats were quietly mixed. Todd Hul...