Entries for April 2021
RECENT NEWS
13 Apr 2021
MEAD, Neb. (DTN) -- The owners of a small ethanol plant in Mead, Nebraska, that has become an environmental disaster are looking to sell off their adjoining 30,000-head cattle feedyard as the ethanol plant faces state litigation and angry residents. AltEn LLC, a 24-million-gallon ethanol plant, remains idle and is facing a lawsuit from the state of...
13 Apr 2021
California's Proposition 12 is under fire from at least 20 states, as the Supreme Court of the United States (SCOTUS) has been asked to review whether the California law is constitutional. Proposition 12 would require that meat products from veal calves and breeding pigs raised outside of the state that are not raised in a way that meets California...
13 Apr 2021
DTN Closing Livestock Comment 04/13 16:10 Cattle Look for Direction, Hogs Keep Scaling Higher Looking to Wednesday's trade, the lean hog market is hopeful to continue its higher trend and the cattle contracts are going to be eyeing the cash cattle market carefully to see where feedlots stand in their quest for higher prices. ShayLe Stewart DTN Live...
13 Apr 2021
DTN Chart Technical Points 04/13 16:30 DTN FUTURES 10 4/13/21 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 629.75 631.31 622.67 621.81 641.42 52.97 49.89 49.02 61 70 59 46 CBTWT JUL 633.50 633.94 622.69 618.85 633.73 58.58 54.33 51.53 70 76 69 5...
13 Apr 2021
FARM MARKET NEWS - CORN REPORT FOR Tue, April 13 Exchange rate was 1.2536 down 0.0024 Chicago corn closed moderately higher to higher. MAY21 HI 5.84 1/2 DEC21 HI 5.05 3/4 LOW 5.65 1/2 LOW 4.94 3/4 CLOSE5.80 Up 11 CLOSE 5.04 1/4 Up 7 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+JUL...