11 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, October 11 Exchange rate was 1.3735 up 0.0006 Chicago corn closed slightly lower. DEC24 HI 4.22 3/4 DEC25 HI 4.54 1/2 LOW 4.15 1/4 LOW 4.49 1/2 CLOSE4.15 3/4 Down 2 3/4 CLOSE 4.50 Down 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR...
11 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 11 Exchange rate was 1.3735 up 0.0006 Chicago soybeans closed slightly lower. NOV24 HI 10.23 3/4 NOV25 HI 10.73 1/2 LOW 10.04 LOW 10.54 1/4 CLOSE10.05 1/2 Down 9 1/4 CLOSE 10.55 3/4 Down 10 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV...
11 Oct 2024
Let's take a look at some of the changes in both U.S. and world numbers on the USDA Crop Production and WASDE reports released Friday, Oct. 11, 2024. We'll start with corn. CORN: With traders looking for a slight decline in yield from the September report, the October WASDE instead reported a 0.2-bushel-per-acre (bpa) gain to a record 183.8 bpa. Th...
11 Oct 2024
DTN Closing Grain Comments 10/11 13:47 Grain Prices Head Lower Friday After USDA Confirmation of Large Crops Friday's WASDE report offered fresh estimates and further confirmation of bin-busting U.S. corn and soybean production in 2024. The U.S. corn and wheat balance sheets did get some help from demand figures leading to cuts in ending stocks, bu...
11 Oct 2024
OMAHA (DTN) -- Hurricane Milton hit Florida's Gulf Coast Wednesday evening as a Category 3 storm. Weather forecasts earlier in the week had the hurricane going right through the Tampa area, which is home to several phosphorus (P) production facilities. Milton came onto land further south and away from these plants, where much phosphorus is mined an...