6 Feb 2025
DTN Midday Grain Comments 02/06 10:55 Wheat Futures Higher at Midday; Soybeans Lower; Corn Mixed Corn futures are narrowly mixed at midday Thursday; soybean futures are 1 to 2 cents lower; wheat futures are 8 to 11 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are narrowly mixed at midday Thursday; soybean futur...
6 Feb 2025
SAN ANTONIO (DTN) -- Country-of-origin labeling, a subject that has divided the cattle world more than anything this side of a Ford-Chevy-RAM debate, could be back in play during the current Congressional session. The American Beef Labeling Act, which would reinstate mandatory country-of-origin labeling (MCOOL) for beef, was introduced Feb. 5 by Se...
6 Feb 2025
LINCOLN, Neb. (DTN) -- National farm groups have asked a federal court to approve a proposed $83.5 million class action settlement with JBS, in a lawsuit that alleges the companies conspired to "fix, depress, suppress or stabilize" the price of live cattle futures and options traded on the Chicago Mercantile Exchange from 2015 to 2020. National Far...
6 Feb 2025
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland OH 807 AM EST Thu Feb 6 2025 Values represent highs yesterday and 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 .BR CLE 0206 ES DH00/TAIRZX/DH07/TAIRZP/PPDRZZ/SFDR...
6 Feb 2025
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/06/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,111 WEEK TO DATE: 10,236 STEERS LIVE FOB 3,093 205.00-206.00 205.00-206.00 205.90 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,364 205.00-206.00 205.00-206.00 205.95 HEIFERS LIVE DELIVERED No r...
6 Feb 2025
DTN Early Word Livestock Comments 02/06 06:05 Early Cash Cattle Trade Points to Lower Prices The liquidation of the past week ran its course with traders willing to step back into the cattle market. The selling was a bit overdone relative to the cash market, but cash looks weaker this week. Hog futures were higher Wednesday with a second day of sol...
6 Feb 2025
DTN Early Word Grains 02/06 05:48 Grain Markets Higher, Rebounding From Wednesday's Small Correction March corn is up 2 cents per bushel, March soybeans are up 8 3/4 cents, March KC wheat is up 3/4 cent, March Chicago wheat is up 1/4 cent and March Minneapolis wheat is steady. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: ...
6 Feb 2025
USDA Daily Market Rates 02/06 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 06, 2025 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 no...
5 Feb 2025
OMAHA (DTN) -- Jennifer James was the last of 11 farmers to testify Wednesday before a marathon session of the U.S. Senate Agriculture Committee. Her testimony was the hardest to hear. Farmers representing corn, soybeans, wheat, cotton, rice, sorghum, peanuts, sugar beets and barley all talked about the per-acre financial losses their fellow produc...
5 Feb 2025
DTN Closing Livestock Comment 02/05 16:09 Traders Continued to Support Livestock Contracts Through Thursday's Close Heading into Thursday's trade be prepared for the morning's export report and packer demand should improve in the cash cattle market as well. Rick Kment DTN Analyst GENERAL COMMENTS: The livestock complex was able to see better techni...