Entries for May 2023
RECENT NEWS
3 May 2023
USDA Daily Market Rates 05/03 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 03, 2023 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be ...
3 May 2023
DTN Early Word Livestock Comments 05/03 06:16 Cattle May See Further Liquidation The pressure was on cattle futures again Tuesday with feeder cattle posting substantial losses. Early cash trade showed further weakness. Hogs held their own as futures consolidated despite higher cash Monday and a possible turn in trend. Robin Schmahl DTN Contributing...
3 May 2023
DTN Early Word Grains 05/03 05:30 Row Crops Lower Ahead of Wednesday's Expected Rate Hike July corn is down 7 cents, July soybeans are down 10 cents and July KC wheat is steady. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is down 7 cents, July soybeans are down 10 cents and July KC wheat is steady. CME GLOBEX RECAP: Ea...
2 May 2023
DTN Chart Technical Points 05/02 16:30 DTN FUTURES 10 5/02/23 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 595.50 608.44 630.31 655.89 678.08 18.80 24.45 32.26 8 9 3 5 CBTWT JUL 609.25 622.63 643.94 667.96 689.13 18.88 24.62 32.44 10 9 4 5 KC WT...
2 May 2023
DTN Closing Livestock Comment 05/02 15:41 Cash Cattle Prices Drift Lower for Third Week in a Row Heading into Wednesday's market, cattlemen are hoping that cash prices don't soften any more. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a heavy, burdensome day for the cattle complex as the onset of cheaper cash cattle trade sent the...