DTN Chart Technical Points 04/14 16:30 DTN FUTURES 10 4/14/25 SLOW STOCHASTIC
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/11/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
The livestock complex started the week out on a strong note as all three of the markets closed higher Monday afternoon thanks to the added support from traders. It will be an irregular week as the market will be closed on Friday, April 18, for Good Friday, which means that the monthly Cattle on Feed report will be released on Thursday, April 17.
USDA Weekly Crop Progress 04/14 ISSN: 1948-3007
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 14 Exchange rate was 1.3826 down 0.0008
FARM MARKET NEWS - CORN REPORT FOR Mon, April 14 Exchange rate was 1.3826 down 0.0008
May corn closed down 5 1/4 cents and December corn was down 1 1/2 cents. May soybeans closed down 1 cents and November soybeans were up 3 cents. May KC wheat closed down 12 3/4 cents, May Chicago wheat was down 8 1/4 cents, May Minneapolis wheat was down 10 1/4 cents.
With a less turbulent Dow Jones, the cotton market has somewhat returned to trading its own particular fundamentals.
The livestock complex has been blessed with ample support Monday morning, which has allowed the contracts to thrive and trade higher into Monday's noon hour. As long as the equity market continues to show a positive direction, it's likely the livestock complex will continue to trend higher.
Corn futures are 2 to 3 cents lower at midday Monday; soybean futures are narrowly mixed; wheat futures are 10 to 15 cents lower. The U.S. stock market is firmer in active trade with the S&P 50 points higher.
Cattle futures prices increased Friday with feeder cattle leading the strength. This seemed to be in response to better equity markets, as cattle futures are following the outside markets. Hog futures were able to close higher in all but the April contract, despite the weakness in cash prices.
