Entries for February 2019
RECENT NEWS
5 Feb 2019
DTN Early Word Opening Livestock 02/05 05:47 Continued Support Expected Increased volatility is likely early Tuesday focusing on early-week gains. A combination of follow-through buying and aggressive market positioning is expected in early-morning trade as traders take advantage of the wild market shifts. By Rick Kment DTN Analyst Cattle: Steady F...
4 Feb 2019
DTN Chart Technical Points 02/04 16:30 DTN FUTURES 10 2/04/19 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 525.75 520.81 520.31 518.36 518.96 62.10 57.42 51.79 73 52 59 60 CBTWT MAY 529.75 525.56 526.03 524.01 525.02 59.52 55.64 50.77 68 47 55 5...
4 Feb 2019
DTN Closing Livestock Comment 02/04 15:42 Livestock Futures Rally Monday Buyer interest went nearly unchecked late Monday, pushing hog and feeder cattle futures triple digits higher. This may allow the market to break away from the bearish tone seen during late January and result in renewed buyer activity. By Rick Kment DTN Analyst GENERAL COMMENTS...
4 Feb 2019
FARM MARKET NEWS - CORN REPORT FOR Mon, February 4 Exchange rate was 1.3116 up 0.0046 Chicago corn closed slightly higher. MAR19 HI 3.79 3/4 DEC19 HI 4.03 1/2 LOW 3.76 1/2 LOW 4.00 3/4 CLOSE3.79 1/4 Up 1 CLOSE 4.02 1/2 Up 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY19+MAY19+JUL19 CK...
4 Feb 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 4 Exchange rate was 1.3116 up 0.0046 Chicago soybeans closed slightly higher. MAR19 HI 9.23 3/4 NOV19 HI 9.62 1/2 LOW 9.15 1/2 LOW 9.55 1/4 CLOSE9.18 1/2 Up 3/4 CLOSE 9.58 Up 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR1+MAY1+MAY19 CK...