13 Feb 2024
It was August 2021, and in a field outside of Decatur, Illinois, the future seemed at hand. Raven Industries, at that point recently acquired by CNH Industrial, was showing off a Case IH tractor powered by the company's OmniDrive autonomous grain cart technology. It buzzed up and down the field pulling alongside, then away from, a combine, and it d...
13 Feb 2024
DTN Midday Grain Comments 02/13 10:49 Corn Higher, Beans Lower, Wheat Mixed Corn trade is 1-2 cents higher. Beans are 3-5 cents lower and wheat trade is 6 cents lower to 4 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is weaker at midday with the S&P 55 points lower. The dollar index is 65 points higher...
13 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/13/24 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 t HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: ...
13 Feb 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 714 AM EST Tue Feb 13 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 0213 ES DH00/TAIRZX/DH07/TA...
13 Feb 2024
USDA Daily Market Rates 02/13 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 13, 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 no...
13 Feb 2024
DTN Early Word Livestock Comments 02/13 06:26 Livestock Futures May Remain Choppy A few live cattle and feeder cattle contracts made new highs Monday before running out of steam. Traders are uncertain about another gain in cash as packers reduce slaughter. Despite higher cash, hog futures did not have a large trading range Monday and closed mixed. ...
13 Feb 2024
DTN Early Word Grains 02/13 05:49 Grain Markets Mixed With Corn Higher, Beans and Wheat Slightly Lower March corn is up 3/4 cent per bushel, March soybeans are down 2 3/4 cents, March KC wheat is down 3 1/2 cents, March Chicago wheat is down 3 3/4 cents and March Minneapolis wheat is down 6 1/2 cents. Kent Beadle, DTN Contributing Analyst EARLY MOR...
13 Feb 2024
More and more farmers are looking to futures markets to reduce risk. There are two techniques farmers can use: hedging and speculation. Hedging is what most people think about when they market their crop. Tax law defines hedging as a transaction in the normal course of business to minimize risk of price changes with respect to inventory or supplies...
12 Feb 2024
DTN Chart Technical Points 02/12 16:30 DTN FUTURES 10 2/12/24 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 597.50 596.19 596.28 597.81 607.44 49.49 48.78 48.33 42 40 51 50 CBTWT MAY 599.25 600.13 602.78 606.15 617.56 43.76 44.79 46.20 30 31 36 4...
12 Feb 2024
DTN Closing Livestock Comment 02/12 15:43 Traders Eye Monday's Market Cautiously Not much developed Monday as traders kept their safe distance until they better understood what the week's demand outlook looks like. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the feeder cattle market continu...