Entries for January 2022
RECENT NEWS
31 Jan 2022
DTN Closing Livestock Comment 01/31 16:23 Cattle Ready to Rally It was an invigorating day for the cattle market as the Cattle Inventory Report showed supplies of beef cows are lower, which means cow-calf producers are likely to see higher prices in the year ahead. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Upon seeing a bullish Cattle ...
31 Jan 2022
DTN Chart Technical Points 01/31 16:30 DTN FUTURES 10 1/31/22 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 761.25 779.88 789.42 773.18 784.09 42.58 44.91 47.56 10 23 54 63 CBTWT MAY 766.25 785.06 793.75 776.64 788.27 42.82 45.08 47.64 9 24 56 64...
31 Jan 2022
WASHINGTON (DTN) -- The Crop Insurance Coalition, which is composed of 55 groups representing farmers, lenders, agricultural input providers, and conservation groups, sent letters to congressional budget and appropriations leaders and the Biden administration opposing cuts to crop insurance during the upcoming fiscal year 2023 budget process. "It i...
31 Jan 2022
FARM MARKET NEWS - CORN REPORT FOR Mon, January 31 Exchange rate was 1.2698 down 0.0086 Chicago corn closed mixed. MAR22 HI 6.42 1/2 DEC22 HI 5.77 LOW 6.22 1/2 LOW 5.68 CLOSE6.26 Down 10 CLOSE 5.73 1/2 Up 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY22+MAY22+JUL22 CK Low 1.25 7.51 295....
31 Jan 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 31 Exchange rate was 1.2698 down 0.0086 Chicago soybeans closed slightly to moderately higher. MAR22 HI 14.96 3/4 NOV22 HI 13.69 1/4 LOW 14.73 1/2 LOW 13.51 1/2 CLOSE14.90 1/2 Up 20 1/2 CLOSE 13.67 Up 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ...