Entries for January 2022
RECENT NEWS
25 Jan 2022
When looking at how the cattle contracts are trading throughout Jan. 24, traders may have gasped in shock about Friday's Cattle on Feed (COF) report. In case you missed it, on Friday's COF report the market was caught off guard by the 6% year-over-year jump in placements. Analysts anticipated that placement numbers would be anywhere from steady to ...
24 Jan 2022
DTN Closing Livestock Comment 01/24 16:40 Cattle Trade Sheepishly Throughout Monday's Session The cattle complex struggled to trade higher, while the lean hog market shook off the day's nerves early and closed higher in nearby contracts. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: It was a tough day for the cattle contracts, as the market absor...
24 Jan 2022
DTN Chart Technical Points 01/24 16:30 DTN FUTURES 10 1/24/22 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 800.50 791.81 772.50 769.22 790.82 61.37 56.80 53.21 80 83 58 39 CBTWT MAY 804.00 795.31 775.39 772.28 795.05 61.92 57.06 53.29 82 85 58 3...
24 Jan 2022
FARM MARKET NEWS - CORN REPORT FOR Mon, January 24 Exchange rate was 1.2656 up 0.0088 Chicago corn closed slightly higher. MAR22 HI 6.21 1/2 DEC22 HI 5.67 3/4 LOW 6.09 1/4 LOW 5.57 1/4 CLOSE6.21 Up 4 3/4 CLOSE 5.67 1/2 Up 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR22+MAY22+MAY22 ...
24 Jan 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 24 Exchange rate was 1.2656 up 0.0088 Chicago soybeans closed slightly lower. MAR22 HI 14.23 3/4 NOV22 HI 13.21 LOW 13.82 1/2 LOW 12.92 1/2 CLOSE14.03 Down 11 1/4 CLOSE 13.07 1/2 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+M...