Great American Crop Division > 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.

MOST RECENT NEWS

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 16

16 Sep 2024

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 16 Exchange rate was 1.3557 down 0.0005 Chicago soybeans closed slightly lower. NOV24 HI 10.12 NOV24 HI 10.12 LOW 9.99 LOW 9.99 CLOSE10.04 1/2 Down 1 3/4 CLOSE 10.04 1/2 Down 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+NOV24+JA...

DTN Closing Grain Comments 09/16 13:33

16 Sep 2024

DTN Closing Grain Comments 09/16 13:33 Corn and Soy Markets Head Lower Led by Wheat; Soy Products Reject Early Weakness to Finish Higher Despite the U.S. Dollar Index plunging to 8-month lows on expectations for lower interest rates, grain and soy markets fell early, with the exception of bean oil futures. Soybean meal turned it around late to clos...

Farm Bill Extension Could Boost Support

16 Sep 2024

KANSAS CITY, Mo. (DTN) -- The state of the farm economy is pushing key members of Congress to look at passing an aid package for commodity farmers because negotiations on a full farm bill are stalled. Sen. Jerry Moran, R-Kan., spoke Monday at the Kansas City Agribusiness Council's Ag Outlook Forum and suggested lawmakers are looking at passing a "m...

DTN Midday Livestock Comments 09/16 11:38

16 Sep 2024

DTN Midday Livestock Comments 09/16 11:38 Hogs and Feeder Cattle Trade Higher, While Live Cattle Complex Remains Reluctant Heading into Monday's afternoon cattle fans are hopeful that traders will turn the live cattle market higher as midday boxed beef prices are supportive. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far both the l...

Page 8 of 200