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DTN Closing Livestock Comment 03/03 16:06

3 Mar 2021
DTN Closing Livestock Comment 03/03 16:06 Mixed Wednesday for Livestock Contracts The futures market closed mostly higher, but unfortunately couldn't spark any positive momentum in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed market for livestock enthusiasts as cash cattle sellers don't like the prices that surfaced, but the feeder cattle and lean hog contracts were delighted to trade higher. Thursday's export report could heavily wane on the hog complex if it's as bearish as last week's. Hog prices closed higher on the National Direct Afternoon Hog Report, up $1.82 with a weighted average of $82.75 on 7,135 head. May corn is down 9 3/4 cents per bushel and May soybean meal is down $2.90. The Dow Jones Industrial Average is down 121.43 points and NASDAQ is down 361.04 points.
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Derecho Aid Gets Blown Away

3 Mar 2021
OMAHA (DTN) -- House Democratic leaders stripped a provision from the latest aid package that would have helped farmers suffering from crop losses -- including losses due to high winds or derechos -- before the House held its early Saturday vote on coronavirus aid relief. Sen. Chuck Grassley, R-Iowa, on Tuesday called out House leaders for strippin...

Is Your Planter Ready for Spring?

3 Mar 2021
ANKENY, Iowa (DTN) -- Worn hydraulic hoses, gears and other parts and tools littered Jeff Jorgenson's shop floor last week as he readied his soybean planter for spring. It will take Jorgenson several weeks to perform a thorough pre-season check of the planter and install new equipment. This year he's adding Precision Planting vDrive, an electric dr...

Bill Tackles Cattle Price Transparency

3 Mar 2021
OMAHA (DTN) -- Two United States senators are taking a shot at improving transparency in the cattle market, reintroducing a piece of legislation on Tuesday that was originally offered last year. The Cattle Market Transparency Act of 2021 would establish regional cash minimums and equip producers with more market information. Sens. Deb Fischer, R-Ne...

DTN Midday Grain Comments 03/03 10:52

3 Mar 2021
DTN Midday Grain Comments 03/03 10:52 It's a Red Wednesday for Grains at Midday Corn is 6 to 8 cents lower, soybeans are 8 to 11 cents lower and wheat is 2 to 10 cents lower. David M. Fiala DTN Contributing Analyst The U.S. stock market is mixed with the Dow up 140 points. The U.S. Dollar Index is 0.06 higher. Interest rate products are weaker. Ene...
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