News & Resources

DTN Closing Livestock Comment 09/18 16:00

18 Sep 2024
DTN Closing Livestock Comment 09/18 16:00 Live Cattle and Lean Hogs Celebrate a Higher End Wednesday Afternoon Heading into Thursday's trade export data and any developments in the cash cattle market will remain key factors for the day's trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Even though traders believed that the Federal Reserve would lower interest rates this afternoon, it was peace of mind to see Chairman Powell publicly announce a half-point cut this afternoon. Still no cash cattle trade has developed, and it's likely that trade could be delayed until Friday. December corn is up 1/4 cents per bushel and December soybean meal is down $0.10. The Dow Jones Industrial Average is up 180.19 points.
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DTN Closing Livestock Comment 09/17 16:16

17 Sep 2024
DTN Closing Livestock Comment 09/17 16:16 Traders Push Livestock Complex Higher Through Tuesday's End Still no cash cattle trade has developed, but with the board trading higher, feedlot managers may be able to keep the market steady again this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a strong day for the livestock comple...

DTN Chart Technical Points 09/17 16:30

17 Sep 2024
DTN Chart Technical Points 09/17 16:30 DTN FUTURES 10 9/17/24 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 DEC 575.75 581.88 576.81 561.36 559.82 55.34 54.63 49.71 52 64 82 84 CBTWT MAR 595.50 600.69 595.94 581.19 579.86 55.93 54.95 49.75 51 63 82 8...

Farmers Await Interest Rate Cuts

17 Sep 2024
MT. JULIET, Tenn. (DTN) -- Interest rates on farm loans are at multi-decade highs, and many hope relief will come on Wednesday afternoon. The Federal Reserve is widely expected to cut interest rates for the first time since its inflation battle began in 2022, but what's uncertain is the size of the cut, whether it's a quarter-percentage point or a ...

FARM MARKET NEWS - CORN REPORT FOR Tue, September 17

17 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, September 17 Exchange rate was 1.3561 up 0.0004 Chicago corn closed slightly higher. DEC24 HI 4.13 DEC24 HI 4.13 LOW 4.08 1/2 LOW 4.08 1/2 CLOSE4.12 1/2 Up 1 3/4 CLOSE 4.12 1/2 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+MAR25 CK...
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