4 Jan 2023
DTN Chart Technical Points 01/04 16:30 DTN FUTURES 10 1/04/23 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 745.50 771.75 772.56 761.00 796.38 38.72 40.46 42.04 35 57 67 68 CBTWT MAY 753.75 779.06 779.72 769.08 805.79 38.62 40.17 41.72 35 57 65 6...
4 Jan 2023
FARM MARKET NEWS - CORN REPORT FOR Wed, January 4 Exchange rate was 1.3479 down 0.0198 Chicago corn closed moderately lower to lower. MAR23 HI 6.71 3/4 DEC23 HI 6.07 LOW 6.52 1/2 LOW 5.93 3/4 CLOSE6.53 3/4 Down 16 3/4 CLOSE 5.94 3/4 Down 12 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR23...
4 Jan 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 4 Exchange rate was 1.3479 down 0.0198 Chicago soybeans closed slightly lower. MAR23 HI 15.06 1/2 NOV23 HI 14.06 LOW 14.80 3/4 LOW 13.87 1/2 CLOSE14.83 1/2 Down 8 3/4 CLOSE 13.90 3/4 Down 6 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR...
4 Jan 2023
MT. JULIET, Tenn. (DTN) -- Farmer-operators were the highest bidders at 75% of Farmers National Company land auctions in 2022, a year marked by record-setting sales at the auction block. Even though investors weren't as successful at winning auctions, they were "certainly part of the equation as they have been active bidders at most sales to a poin...
4 Jan 2023
DTN Closing Grain Comments 01/04 13:46 Wheat, Corn Crash as Funds Sell; Soybeans, Meal Reject Early Strength Soybeans and soy meal popped back up early Wednesday before succumbing to more heavy liquidation and closing lower for the second consecutive day. Corn and wheat markets were pummeled again on selling tied to still very weak exports and bene...
4 Jan 2023
DTN Midday Livestock Comments 01/04 11:48 Feeders Soar Higher as Corn Drops 10 to 15 Cents With corn prices dropping drastically, the feeder cattle contracts have been given the opportunity to charge higher and they haven't wasted time in doing so. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With corn prices down $0.10 to $0.15 as the ma...
4 Jan 2023
DTN Midday Grain Comments 01/04 10:56 Corn, Soybean, Wheat Futures Lower at Midday Corn futures are 13 to 14 cents lower at midday Wednesday; soybean futures are 3 to 4 cents lower; wheat futures are 14 to 26 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 13 to 14 cents lower at midday Wednesday; soybean futur...
4 Jan 2023
Drought has been a major influence on California for almost three straight years. Moderate drought has been in the Central Valley of California going back to February of 2020 with a significant worsening of drought conditions across the state in late 2020 and 2021. Exceptional drought, the highest category of drought on the U.S. Drought Monitor, ha...
4 Jan 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/04/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 86 WEEK TO DATE: 86 STEERS LIVE FOB 12 155.00-155.00 155.00-155.00 155.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIR...
4 Jan 2023
OMAHA (DTN) -- For the second week in a row, retail fertilizer prices have shifted considerably lower, according to locations tracked by DTN for the final week of December 2022. All eight major fertilizers are once again less expensive compared to last month. Half of the fertilizers were significantly lower compared to last month. DTN designates a ...