Entries for April 2021
RECENT NEWS
23 Apr 2021
DTN Closing Livestock Comment 04/23 16:17 High Corn and Depressed Cattle Summarize the Week Cattle contracts are thankful to see Friday's higher close after a taxing week of higher input prices and lower cash prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: To say that this past week was anything less than exhausting and painfully bru...
23 Apr 2021
DTN Chart Technical Points 04/23 16:30 DTN FUTURES 10 4/23/21 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 MAY 710.25 688.38 665.53 642.54 644.77 85.04 76.00 63.41 92 82 91 88 CBTWT JUL 712.25 689.75 667.44 643.19 639.68 87.22 79.20 66.70 92 82 91 8...
23 Apr 2021
MT. JULIET, Tenn. (DTN) -- The DTN National Soybean Index, a measure of cash soybean prices, spiked to $15.13 cents as of Thursday night, the highest level since July 2013. The index hit its all-time high of $17.48 during the drought of 2012. The national average soybean basis, which is 21 cents below the May futures contract, is also the strongest...
23 Apr 2021
FARM MARKET NEWS - CORN REPORT FOR Fri, April 23 Exchange rate was 1.2475 down 0.0026 Chicago corn closed mixed. MAY21 HI 6.58 1/2 DEC21 HI 5.53 LOW 6.38 1/4 LOW 5.42 3/4 CLOSE6.55 1/2 Up 5 CLOSE 5.50 3/4 Down 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+SEP21 CK Low 1.50 ...
23 Apr 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 23 Exchange rate was 1.2475 down 0.0026 Chicago soybeans closed slightly higher. MAY21 HI 15.49 3/4 NOV21 HI 13.45 3/4 LOW 15.20 LOW 13.24 1/4 CLOSE15.39 3/4 Up 6 1/2 CLOSE 13.41 1/2 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY21+J...