DTN Chart Technical Points 11/03 16:30 DTN FUTURES 10 11/03/25 SLOW STOCHASTIC
It was a mixed day for the livestock complex as the cattle contracts closed higher, but the lean hog complex closed mixed. New showlists appear to be mixed, higher in Nebraska/Colorado and Kansas, but lower in Texas.
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/01/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
FARM MARKET NEWS - CORN REPORT FOR Mon, November 3 Exchange rate was 1.4024 up 0.0040
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, November 3 Exchange rate was 1.4024 up 0.0040
December corn closed up 2 3/4 cents and March corn was up 2 3/4 cents. January soybeans closed up 19 cents and March soybeans were up 16 1/2 cents. December KC wheat closed up 7 1/4 cents, December Chicago wheat was up 9 1/2 cents, December MIAX Minneapolis wheat was up 5 1/2 cents.
With its slow-but-sure pace, cotton posted a slightly higher close Monday.
The livestock complex is trading mixed into Monday's noon hour as the cattle contracts have been met with trader support, but the lean hog contracts are still trading lower. New showlists appear to be mixed, higher in Nebraska/Colorado and Kansas, but lower in Texas.
Corn futures are flat to 1 cent lower at midday Monday; soybean futures are 7 to 8 cents higher; wheat futures are narrowly mixed. The U.S. stock market is mixed at midday with the S&P up 5. The U.S.
The cotton market continues to trade wobbly as it tries to find stronger footing.
Cattle futures will have a difficult time turning the trend higher. The damage has been done to the emotional stability of the market. Price rallies are likely to be short-lived in the near term. Hog futures continue to struggle with support remaining elusive.
December corn is up 1 1/4 cents per bushel, January soybeans are up 5 3/4 cents, December KC wheat is up 4 1/4 cents, December Chicago wheat is up 7 3/4 cents, and MIAX December Minneapolis wheat is up 0.0300 cents.
