5 Mar 2024
DTN Chart Technical Points 03/05 16:30 DTN FUTURES 10 3/05/24 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 545.75 561.69 570.86 577.61 591.57 31.04 35.14 40.98 6 18 18 31 CBTWT MAY 551.00 562.25 570.11 577.06 597.82 32.46 35.34 40.23 16 26 19 29...
5 Mar 2024
DTN Closing Livestock Comment 03/05 15:56 Cattle Recover What Monday Lost Heading into Wednesday's market bids are likely to begin to surface in both regions, but trade could be delayed until Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a positive day for the cattle complex as the markets were able to regain the position ...
5 Mar 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 5 Exchange rate was 1.3568 down 0.0006 Chicago soybeans closed slightly lower. MAY24 HI 11.58 3/4 NOV24 HI 11.48 3/4 LOW 11.46 3/4 LOW 11.39 3/4 CLOSE11.49 Down 6 CLOSE 11.44 1/4 Down 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+MAY24+J...
5 Mar 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, March 5 Exchange rate was 1.3568 down 0.0006 Chicago corn closed slightly lower. MAY24 HI 4.31 DEC24 HI 4.63 1/4 LOW 4.25 LOW 4.58 CLOSE4.26 1/4 Down 3 3/4 CLOSE 4.59 1/4 Down 3 3/4 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...
5 Mar 2024
DTN Closing Grain Comments 03/05 13:42 Chicago Wheat Futures Plunge to New Low; Corn, Soy Weaken on Wet South American Forecast Grain and soy markets headed lower on Tuesday pressured by a favorable weather outlook for much of South America. Wheat hit the skids again with Chicago futures falling to a new low. Funds likely sold more on Tuesday addin...
5 Mar 2024
DTN Midday Livestock Comments 03/05 11:42 Cattle See Slightly Better Interest From Traders Tuesday The cattle contracts are trading higher into Tuesday's noon hour, but with midday pork cutout values lower and cash hog prices lower too, the lean hog contracts are trading lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far it's be...
5 Mar 2024
March 5, 2024 Portland Price Trends 03-01-23 08-01-23 02-01-24 02-27-24 03-05-24 #1 SWW (bu) 8.10 7.05 6.40 6.10 5.70 White Club 8.10 7.30 6.90 6.35 5.95 DNS 14% 9.48 9.05 7.81 7.50 7.40 HRW 11.5% 9.56 8.24 6.81 6.58 6.40 #2 Corn (ton) 278.00 254.00 226.00 214.00 215.00 #2 Barley 250.00 210.00 180.00 180.00 180.00 Wheat...West coast white wheat mar...
5 Mar 2024
DTN Midday Grain Comments 03/05 10:53 Corn, Soybean, Wheat Lower at Midday Tuesday Corn trade is 3-4 cents lower. Beans are 2-3 cents lower and wheat trade is 8-13 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is weaker at midday with the S&P 40 points lower. The dollar index is 10 points lower. The inte...
5 Mar 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/05/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
5 Mar 2024
USDA Daily Market Rates 03/05 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: March 05, 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...