13 Jan 2023
DTN Early Word Livestock Comments 01/13 06:29 Cash Could Go Either Way Cattle could not lift off Thursday, unable to find anything to support futures. Cash cattle trade was nonexistent as both feedlots and packers dug in. Hogs showed further losses in nearby months as spread trading was again active and cash was lower. Robin Schmahl DTN Contributin...
13 Jan 2023
USDA Daily Market Rates 01/13 06:42 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: January 13, 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 m...
13 Jan 2023
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 724 AM EST Fri Jan 13 2023 Values represent highs yesterday...lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M=Missing Data T=Trace NA=Not Available : .BR CLE 0113 ES DH00/TAIRZX/DH07/TA...
13 Jan 2023
DTN Early Word Grains 01/13 05:36 Crop Prices Edge Higher on Friday the 13th March corn is up 2 cents, March soybeans are up 6 cents and March KC wheat is up 6 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: March corn is up 2 cents, March soybeans are up 6 cents and March KC wheat is up 6 cents. CME GLOBEX RECAP: Early Frida...
12 Jan 2023
DTN Closing Livestock Comment 01/12 16:11 Feedlots Hold the Line Thursday The cash cattle market still hasn't seen may cattle trade as feedlots are holding out for higher prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a mixed day for the livestock complex as both the cattle and hog markets received a fairly supportive WASDE re...
12 Jan 2023
DTN Chart Technical Points 01/12 16:30 DTN FUTURES 10 1/12/23 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 MAR 742.75 738.81 750.94 758.39 777.97 41.77 41.81 42.36 38 24 20 28 CBTWT MAY 750.75 747.13 758.89 765.97 787.30 41.48 41.44 42.01 38 24 19 2...
12 Jan 2023
The extent of the changes on the January USDA grain stocks and production report seemed to catch many, including yours truly, by surprise. Perhaps commodity fund managers weren't as surprised, as they carried sizable long positions on corn, beans and soy meal into Thursday's bullish report. A combination of lower-than-expected production, stocks an...
12 Jan 2023
FARM MARKET NEWS - CORN REPORT FOR Thu, January 12 Exchange rate was 1.3345 down 0.0067 Chicago corn closed slightly to moderately higher. MAR23 HI 6.73 1/2 DEC23 HI 5.99 1/4 LOW 6.49 1/4 LOW 5.83 3/4 CLOSE6.71 Up 15 CLOSE 5.96 Up 6 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR23+MAY...
12 Jan 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 12 Exchange rate was 1.3345 down 0.0067 Chicago soybeans closed slightly to moderately higher. MAR23 HI 15.27 NOV23 HI 14.05 LOW 14.93 1/4 LOW 13.82 3/4 CLOSE15.18 1/2 Up 25 1/2 CLOSE 13.96 1/4 Up 9 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVA...
12 Jan 2023
DTN Closing Grain Comments 01/12 14:19 Corn, Soybeans, Wheat All Higher After USDA Estimates March contracts of corn, soybeans and the three U.S. wheats all posted higher closes after USDA estimated smaller corn and soybean crops and found smaller supplies of all three crops on hand on Dec. 1. Thursday's trade was also helped by a lower U.S. dollar...