29 Jan 2024
DTN Closing Grain Comments 01/29 14:01 Bearish News From China Adds to Monday's Lower Closes A new three-year low in the price of July soybeans in China plus a court ruling forcing a Chinese real estate giant to liquidate added to already bearish price pressures for corn and soybeans Monday. March corn closed down 6 cents and March soybeans were do...
29 Jan 2024
A few months ago, I was chatting with my colleague Patrick Hanlon about federal programs aimed at agriculture. For a little background, his area of expertise is in business incentive credits offered by states to encourage economic development. After talking about the Inflation Reduction Act, Patrick brought up a good point: Most of the time, we foc...
29 Jan 2024
DTN Midday Livestock Comments 01/29 12:02 Cattle Continue to Charge Higher It may be early in the week, but the cattle contracts are again off to an aggressive start as both live and feeder cattle futures trade higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle futures are rallying as traders see a...
29 Jan 2024
Editor's Note: Since 2005, DTN/Progressive Farmer readers have followed along on farms across the country to know what farmers do with their crops from planting to harvest through View From the Cab. Now readers will be able to do the same on a cattle ranch with our new series: View From the Range. ** Throughout the year on a cattle ranch, many thin...
29 Jan 2024
DTN Midday Grain Comments 01/29 10:49 Corn, Soybean and Wheat Lower at Midday Monday Corn trade is 4 to 6 cents lower. Beans are 9 to 10 cents lower and wheat trade is 10 to 18 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 9 points higher. The dollar index is 20 points lo...
29 Jan 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/29/24 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...
29 Jan 2024
By Logan Garcia, Market Reporter -- Fertecon, S and P Global Commodity Insights The following is a recap of fertilizer price trends and market developments for December. AMMONIA Domestic: Ammonia producers in December issued winter fill and spring prepay sales at levels significantly cheaper compared to the previous year. In the Corn Belt, offers ...
29 Jan 2024
USDA Daily Market Rates 01/29 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: January 29, 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...
29 Jan 2024
DTN Early Word Livestock Comments 01/29 06:24 Traders May Begin With Uncertainty Monday Last week was a very strong week for the livestock complex. Both cattle and hog futures pushed through price resistance levels, which triggered short-covering. Fundamentals supported the gains with further strength anticipated this week. Robin Schmahl DTN Contri...
29 Jan 2024
DTN Early Word Grains 01/29 05:51 Grain Markets Sharply Lower Monday on Middle East Escalation, China Evergrande News March corn is down 4 1/2 cents per bushel, March soybeans are down 8 1/4 cents, March KC wheat is down 13 1/4 cents, March Chicago wheat is down 10 cents and March Minneapolis wheat is down 8 cents. Kent Beadle, DTN Contributing Ana...