DTN Chart Technical Points 07/22 16:30 DTN FUTURES 10 7/22/21 SLOW STOCHASTIC
Looking to Friday's market, the cattle complex will have a lot to sort through as both the monthly Cattle on Feed report and bi-annual Cattle Inventory report will be released Friday afternoon.
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/22/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
For the third consecutive day, December cotton futures closed higher, rising by 1.17 cents to a closing value of 89.86 cents.
FARM MARKET NEWS - CORN REPORT FOR Thu, July 22 Exchange rate was 1.2565 up 0.0005
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 22 Exchange rate was 1.2565 up 0.0005
December corn and November soybeans closed lower Thursday but were well off their lows as it remained difficult to find significant rain in the forecast. September Minneapolis wheat recovered from being down 26 3/4 cents earlier and finished up 6 1/4 cents.
July 22, 2021 Portland Price Trends
Corn is 12 to 13 cents lower, soybeans are 37 to 40 cents lower and wheat is 9 to 25 cents lower.
The cotton market finally pierced its ninety-cent resistance Thursday morning amid decent export sales news, and a retreating U.S. dollar.
