Entries for May 2023
RECENT NEWS
3 May 2023
DTN Closing Livestock Comment 05/03 15:33 A Swing and a Miss for Livestock Market Wednesday Heading into Thursday's market, all eyes will be eager to see what the week's export report shares as some positive news would be warmly welcomed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lousy day for most of the livestock complex. Th...
3 May 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, May 3 Exchange rate was 1.3576 down 0.0037 Chicago corn closed moderately higher. JUL23 HI 5.90 3/4 DEC23 HI 5.31 LOW 5.69 1/4 LOW 5.12 1/2 CLOSE5.88 1/2 Up 8 1/2 CLOSE 5.30 1/2 Up 10 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 ...
3 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 3 Exchange rate was 1.3576 down 0.0037 Chicago soybeans closed slightly higher. JUL23 HI 14.18 3/4 NOV23 HI 12.73 LOW 13.92 1/4 LOW 12.52 1/4 CLOSE14.17 1/2 Up 6 3/4 CLOSE 12.72 1/4 Up 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JU...
3 May 2023
DTN Closing Grain Comments 05/03 14:04 Wheat Prices Lead Grains Higher Wednesday After Alleged Attack on Kremlin July contracts of corn, soybeans and all three U.S. wheats closed higher Wednesday after the Russian government blamed Ukraine for a drone attack on the Kremlin. Dow Jones futures are trading lower after the Federal Reserve increased the...
3 May 2023
DTN Midday Livestock Comments 05/03 11:32 Cattle Continue to Grind Lower Wednesday The lack of support in this week's cash cattle market has hindered the live cattle and feeder cattle contracts' ability to trade higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts are being considerably pre...