DTN Chart Technical Points 05/31 16:30 DTN FUTURES 10 5/31/23 SLOW STOCHASTIC
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/31/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
The livestock complex again closed higher with weaker corn prices being the market's largest contributing factor.
FARM MARKET NEWS - CORN REPORT FOR Wed, May 31 Exchange rate was 1.3534 down 0.0063
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 31 Exchange rate was 1.3534 down 0.0063
After Tuesday afternoon's USDA report showed good planting progress, Wednesday started as another predominantly red day for price quotes in the grain sector. But by the end of the session, new-crop prices of corn and soybeans were well above their lows of the day and July soy products were steady to higher.
The cotton market was fretfully lower Wednesday, along with so many other markets.
The livestock complex is trading higher as traders again see the opportunity amid a softer corn market.
Cottonseed Prices Last May-Jun Jun-Aug New Crop
