Entries for May 2019
RECENT NEWS
23 May 2019
DTN Closing Grain Comments 05/23 13:56 Corn Hits Major Resistance, Plunges on Farm Aid Uncertainty Despite some recent technical indications that the corn rally may have gone far enough for the short term, futures were able to shrug off overnight weakness and climb higher on Thursday -- until midday. News that the Trump administration was unveiling...
23 May 2019
Cotton AWP/LDP 05/23 13:48 Next week's LDP (POP) rate will be based on this week's five day average AWP, plus or minus any change in the adjustment factor or any use of the Secretary's discretionary authority. The following table shows how this week's "A" index prices may affect next week's Marketing Loan Gain. Crnt Forwrd Trans Count Count 5 Low 5...
23 May 2019
DTN Midday Livestock Comments 05/23 12:15 Narrow Price Ranges Holding Thursday Limited activity is seen Thursday morning with light volume seen through the entire complex. Prices have backed away from early morning live cattle gains. By Rick Kment DTN Analyst General Comments Strong early support in live cattle and feeder cattle markets have backed...
23 May 2019
By Pamela SmithDTN Progressive Farmer Crops Technology Editor DECATUR, Ill. (DTN) -- There's an adrenaline rush that comes with finally getting in the field. At least Scott Wallis is fairly certain it is more than all the Diet Mountain Dew he's been drinking to keep caffeinated during long hours in the tractor seat over the past week. "Attitudes li...
23 May 2019
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- The nation's largest meatpackers face a second class-action lawsuit alleging conspiracy to drive down cattle prices. The suit was filed in federal court by a Fort Lauderdale, Florida-based live cattle futures trader. The plaintiff, Michael Sevy, alleges in a lawsuit filed in the U.S. District Court fo...