16 Dec 2022
DTN Chart Technical Points 12/16 16:30 DTN FUTURES 10 12/16/22 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 753.50 752.69 747.17 765.90 819.66 41.40 39.12 40.56 55 58 23 18 CBTWT MAY 761.00 761.69 756.81 776.24 829.71 39.73 37.96 39.95 53 57 21 ...
16 Dec 2022
DTN Closing Livestock Comment 12/16 15:35 Stronger Tones Dominated the Livestock Complex ahead of the Weekend Heading into Monday's market, the livestock complex is hoping to see the week's strong tone trickle into the next week's market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Regardless of where you looked throughout the livestock c...
16 Dec 2022
FARM MARKET NEWS - CORN REPORT FOR Fri, December 16 Exchange rate was 1.3687 up 0.0045 Chicago corn closed slightly lower. MAR23 HI 6.55 3/4 DEC23 HI 5.99 LOW 6.50 LOW 5.96 CLOSE6.53 Down 1/2 CLOSE 5.97 1/2 Down 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23 CK Low 1.35 ...
16 Dec 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 16 Exchange rate was 1.3687 up 0.0045 Chicago soybeans closed slightly higher. JAN23 HI 14.86 NOV23 HI 13.92 3/4 LOW 14.65 1/2 LOW 13.79 3/4 CLOSE14.80 Up 6 1/2 CLOSE 13.89 1/4 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN23+MAR23+MA...
16 Dec 2022
DTN Closing Grain Comments 12/16 14:09 Wheat Lower, Soybean Meal Higher as Outside Markets Mull Rate Hikes March KC wheat dropped 16 1/2 cents Friday but managed to finish higher on a week dominated by outside market concerns about higher interest rates and recession. January soybeans ended up 6 1/2 cents, supported by another day of bull-spreading...
16 Dec 2022
DTN Midday Livestock Comments 12/16 11:37 Higher Tones Summarize the Livestock Market at Friday's Noon Hour The livestock complex is seeing stronger interest from traders ahead of Friday's close as Thursday's fundamentals improved. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Positive tones are the face of the livestock complex as the mar...
16 Dec 2022
OMAHA (DTN) -- Year-end tax planning doesn't necessarily mean you have to rush out to buy a large piece of equipment. That was a little bit of advice from Tina Barrett, executive director of Nebraska Farm Business Inc. Barrett highlighted a few late-year tax issues during a webinar hosted by the Center for Agricultural Profitability at the Universi...
16 Dec 2022
DTN Midday Grain Comments 12/16 10:46 Corn Lower, Beans Higher Midday Thursday Corn trade is 2 to 3 cents lower; beans are 3 to 4 cents higher, and wheat trade is 2 to 10 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is lower with the DOW down 370 points. The dollar index is 10 points higher. Interest ra...
16 Dec 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/15/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 467 WEEK TO DATE: 8,930 STEERS LIVE FOB 146 154.00-155.00 154.00-155.00 154.45 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 321 155.00-155.00 155.00-155.00 155.00 HEIFERS LIVE DELIVERED No reportab...
16 Dec 2022
DTN Early Word Livestock Comments 12/16 06:05 Livestock Futures May Coast into the Weekend Livestock futures saw further pressure yesterday even though cash cattle traded mixed and boxed beef showed strength. Hogs suffered triple-digit losses despite higher cash, cutouts, and exports sales. Robin Schmahl DTN Contributing Analyst Cattle: Steady Futu...