24 Jan 2024
DTN Chart Technical Points 01/24 16:30 DTN FUTURES 10 1/24/24 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 610.75 599.25 594.08 603.32 605.61 57.55 53.20 50.12 82 66 34 22 CBTWT MAY 620.25 609.25 605.67 615.14 617.68 56.33 52.30 49.53 79 61 33 2...
24 Jan 2024
DTN Closing Livestock Comment 01/24 15:46 Traders Continue to Push Livestock Contracts Heading into Thursday's trade, be on the lookout for the morning's export report and any more additional cash cattle sales. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another powerful day for the livestock complex as traders pushed all three of...
24 Jan 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, January 24 Exchange rate was 1.3508 up 0.0044 Chicago corn closed slightly higher. MAR24 HI 4.52 3/4 DEC24 HI 4.82 1/4 LOW 4.46 1/4 LOW 4.76 1/2 CLOSE4.52 1/4 Up 5 3/4 CLOSE 4.82 1/4 Up 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+MA...
24 Jan 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 24 Exchange rate was 1.3508 up 0.0044 Chicago soybeans closed narrowly mixed. MAR24 HI 12.46 NOV24 HI 12.10 1/4 LOW 12.35 1/4 LOW 12.03 1/4 CLOSE12.40 1/4 Up 3/4 CLOSE 12.08 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAY24 ...
24 Jan 2024
DTN Closing Grain Comments 01/24 13:55 Corn and Wheat Markets Continue to Trend Higher in Quiet and Low Volume Trade On a quiet Wednesday with little in the way of market-moving news, corn and wheat continued the mild recovery from multi-month lows. Soybeans and soy products traded mixed in even slower trade. A sharp plunge in ethanol production la...
24 Jan 2024
DTN Midday Livestock Comments 01/24 11:39 Traders Keep Pushing the Livestock Contracts Higher It's been another supportive day for the livestock complex as again all three of the markets are entering the noon hour higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With both the live cattle and feeder cattle markets breaking past resista...
24 Jan 2024
DTN Midday Grain Comments 01/24 10:46 Corn, Beans and Wheat Trade Higher at Midday Wednesday The U.S. stock market is firmer at midday Wednesday with the S&P 30 points higher. The dollar index is 50 points lower. The interest rate products are weaker. Energies have crude up 1.00 and natural gas is .09 higher. Livestock trade is firmer. Precious met...
24 Jan 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/24/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,864 WEEK TO DATE: 5,864 STEERS LIVE FOB 1,735 174.00-174.00 174.00-174.00 174.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,143 174.00-174.00 174.00-174.00 174.00 HEIFERS LIVE DELIVERED No re...
24 Jan 2024
USDA Daily Market Rates 01/24 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: January 24, 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...
24 Jan 2024
DTN Early Word Livestock Comments 01/24 06:24 Aggressive Buying May Continue Wednesday Both cattle and hog futures were higher Tuesday with feeder cattle and hogs posting triple-digit gains in numerous contracts. Demand is supporting cattle while hogs gained on optimism. Robin Schmahl DTN Contributing Analyst Cattle: Steady Futures: Higher Live Equ...