DTN Chart Technical Points 06/10 16:30 DTN FUTURES 10 6/10/26 SLOW STOCHASTIC
It was yet another day for the livestock complex, where the cattle contracts rallied mildly while the hog contracts struggled to gain support. No cash cattle trade developed throughout the day. Do note that the monthly WASDE report is scheduled for release on Thursday.
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/10/26 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 10 Exchange rate was 1.3931 down 0.0018
FARM MARKET NEWS - CORN REPORT FOR Wed, June 10 Exchange rate was 1.3931 down 0.0018
July corn closed down 1/2 cent and December corn was up 1 1/2 cents. July soybeans closed up 9 1/4 cents and November soybeans were up 6 1/2 cents. July KC wheat closed down 1/4 cents, July Chicago wheat was up 2 1/4 cents, July MIAX Minneapolis wheat was up 1/2 cents.
What began as a possible recovery session failed to materialize.
After a mixed start to the week, the livestock contracts are higher heading into Wednesday's noon hour as traders pour extra support into the marketplace. NO new cash cattle trade has developed and currently no bids are on the table.
Corn futures are 1 to 2 cents higher at midday Wednesday; soybean futures are 12 to 13 cents higher; wheat futures are 2 to 6 cents higher. The U.S. stock market is weaker at midday with the S&P 65 points lower.
USDA Daily Market Rates 06/10 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
