8 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/08/24 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...
8 Feb 2024
USDA Daily Market Rates 02/08 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 08, 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...
8 Feb 2024
DTN Early Word Livestock Comments 02/08 06:25 Weekly Export Sales, WASDE Reports to Influence Trade Thursday Cattle futures could not push through to another new high Wednesday, but the uptrend is still intact. Cash cattle have not traded yet this week, leaving traders hopeful but cautious. Hogs moved aggressively higher during the day but succumbe...
8 Feb 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 724 AM EST Thu Feb 8 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 0208 ES DH00/TAIRZX/DH07/TAI...
8 Feb 2024
DTN Early Word Grains 02/08 05:41 Grain Markets Mixed Ahead of USDA Reports; March Corn Makes New Contract Low March corn is down 1 3/4 cents per bushel, March soybeans are up 1 3/4 cents, March KC wheat is down 7 3/4 cents, March Chicago wheat is down 8 3/4 cents and March Minneapolis wheat is down 4 cents. Kent Beadle, DTN Contributing Analyst EA...
7 Feb 2024
DTN Chart Technical Points 02/07 16:30 DTN FUTURES 10 2/07/24 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 602.00 596.75 598.11 596.57 609.72 52.10 50.36 49.17 38 40 53 50 CBTWT MAY 608.00 604.44 606.94 606.60 620.43 49.08 48.17 47.89 33 36 45 4...
7 Feb 2024
DTN Closing Livestock Comment 02/07 15:45 Slow Trading Overtakes Livestock Complex on Wednesday Heading into Thursday, the market is braced for a busy day with export data, WASDE report and carcass weights all likely to influence the marketplace. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a slow trading day throughout the livesto...
7 Feb 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, February 7 Exchange rate was 1.3461 down 0.0021 Chicago corn closed slightly lower. MAR24 HI 4.39 1/4 DEC24 HI 4.77 1/2 LOW 4.32 3/4 LOW 4.72 3/4 CLOSE4.34 1/4 Down 4 1/2 CLOSE 4.73 3/4 Down 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY24+MAY...
7 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 7 Exchange rate was 1.3461 down 0.0021 Chicago soybeans closed slightly lower. MAR24 HI 12.02 NOV24 HI 11.79 3/4 LOW 11.79 1/4 LOW 11.62 CLOSE11.89 Down 10 1/2 CLOSE 11.70 3/4 Down 6 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY...
7 Feb 2024
DTN Closing Grain Comments 02/07 13:53 Row Crop Prices Succumb to Lower Closes; Wheats Hold Mixed to Firm March corn fell 4 1/2 cents to a new low close in 2024, while March soybeans fell 10 1/2 cents to $11.89, near its lowest close in eight months. Wednesday's selling was likely prompted by the return of rain to South America plus the anticipatio...