Technically Speaking
Darin Newsom DTN Senior Analyst

Saturday 01/25/14

Ag Markets: Weekly Analysis
DTN's Weekly Technical Analysis: Corn, Soybeans, Wheat, Cotton, and Live Cattle 01/25[Read Full Blog Post]
Posted at 10:23AM CST 01/25/14 by Darin Newsom | Post a Comment
Comments (1)
Interesting turn to the corn market in the last two weeks. After all the gloom of the past two months the strength is somewhat encouraging. The factor over looked may be the replacement of high priced hay with relatively cheap corn in a lot of stocker and cow herd rations. With hay at $150 per ton or more and corn at $4 ($142.80 per ton) the cheapest wintering ration may be corn and some filler, such as straw, stalks or low quality pasture, resulting in corn disappearance. By the way I have moved half my corn crop at over $5 here in western Wyoming and see no difficulty cleaning the bin by spring and almost all to stocker cattle. Mike
Posted by Mike Baker at 9:04PM CST 01/25/14
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