8 Mar 2024
DTN Early Word Livestock Comments 03/08 07:17 Southern Cash Cattle Expected to Trade Higher Friday Traders were waiting for cash cattle to trade and found strength on Thursday from higher Northern live and dressed sales. This should be held Friday with Southern sales yet to unfold. April hogs continued to struggle while later contracts held in posi...
8 Mar 2024
DTN Early Word Grains 03/08 05:49 Grain Markets Mixed Ahead of Friday Morning's USDA March Supply and Demand Report May corn is down 2 1/2 cents per bushel, May soybeans are up 1 1/4 cents, May KC wheat is up 1 3/4 cents, May Chicago wheat is up 5 cents and May Minneapolis wheat is up 2 cents. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLO...
7 Mar 2024
DTN Closing Livestock Comment 03/07 16:03 Northern Dressed Cattle Trade $2 Higher Friday will be a busy day for the livestock complex as Southern cattle trade still needs to develop and the morning will see another USDA WASDE outlook shared. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a strong day for the livestock complex as all ...
7 Mar 2024
DTN Chart Technical Points 03/07 16:30 DTN FUTURES 10 3/07/24 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 MAR 520.75 537.81 558.11 569.65 587.28 23.41 29.01 37.38 1 4 4 19 CBTWT MAY 528.50 543.63 560.25 569.63 593.39 24.52 29.30 36.82 4 11 6 19 KC ...
7 Mar 2024
March 7, 2024 Portland Price Trends 03-01-23 08-01-23 02-01-24 02-29-24 03-07-24 #1 SWW (bu) 8.10 7.05 6.40 6.05 5.50 White Club 8.10 7.30 6.90 6.30 5.75 DNS 14% 9.48 9.05 7.81 7.44 7.45 HRW 11.5% 9.56 8.24 6.81 6.52 6.45 #2 Corn (ton) 278.00 254.00 226.00 218.00 213.00 #2 Barley 250.00 210.00 180.00 180.00 170.00 Wheat...It was another rough and t...
7 Mar 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 7 Exchange rate was 1.344 down 0.0056 Chicago soybeans closed slightly to moderately higher. MAY24 HI 11.67 NOV24 HI 11.56 1/4 LOW 11.47 LOW 11.41 CLOSE11.66 1/4 Up 18 CLOSE 11.53 3/4 Up 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24...
7 Mar 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, March 7 Exchange rate was 1.344 down 0.0056 Chicago corn closed moderately higher. MAY24 HI 4.38 3/4 DEC24 HI 4.69 LOW 4.28 1/4 LOW 4.60 1/4 CLOSE4.38 Up 9 1/4 CLOSE 4.69 Up 8 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+JUL24 CK Low 0.55 ...
7 Mar 2024
DTN Closing Grain Comments 03/07 13:48 Crop Prices Bounce Higher Ahead of Friday's WASDE Report May contracts of corn, soybeans, KC and Minneapolis wheat closed higher for a variety of reasons, including traders likely lightening short positions ahead of Friday's WASDE report. May Chicago wheat was the lone loss in the crop sector, ending down 2 1/...
7 Mar 2024
DTN Midday Livestock Comments 03/07 11:48 Packers Offer Bids But Feedlots Want More Money Bids are being offered in both regions of cattle country, but packers and feedlots have yet to agree on a price for this week's trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cash cattle market currently has some bids being offered at $182 i...
7 Mar 2024
DTN Midday Grain Comments 03/07 14:14 Corn, Soybean, Wheat Futures All Higher at Midday Corn futures are 7 to 8 cents higher at midday Thursday; soybean futures are 10 to 12 cents higher; wheat futures are 5 to 21 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 7 to 8 cents higher at midday Thursday; soybean f...