8 Oct 2024
USDA is set to release its October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports at 11 a.m. CDT on Friday, Oct. 11. USDA's corn and soybean production estimates have a history of turning more accurate in October, but on the other side of the coin, harvest is well underway, prices are already anticipating new sup...
8 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, October 8 Exchange rate was 1.363 up 0.0029 Chicago corn closed slightly to moderately lower. DEC24 HI 4.28 DEC25 HI 4.56 1/2 LOW 4.19 1/4 LOW 4.52 1/4 CLOSE4.20 3/4 Down 5 1/4 CLOSE 4.54 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+M...
8 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 8 Exchange rate was 1.363 up 0.0029 Chicago soybeans closed moderately lower. NOV24 HI 10.39 1/2 NOV25 HI 10.87 LOW 10.11 1/2 LOW 10.61 3/4 CLOSE10.16 1/4 Down 17 3/4 CLOSE 10.65 3/4 Down 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+...
8 Oct 2024
DTN Closing Grain Comments 10/08 14:17 Energy Correction, Brazil Rains Weigh on Grain Markets Corn, soybeans, and wheat all finished lower Tuesday as weakness in the energy market spilled over into the ag markets. Better precipitation prospects in South America as well as steady U.S. harvest pace also pressured markets. Rhett Montgomery DTN Lead An...
8 Oct 2024
DTN Midday Livestock Comments 10/08 11:40 November Feeders Trading Above 100-Day Moving Average With trades seeming committed to supporting the livestock complex, once again all three of the markets are trading higher into the day's afternoon. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far it's been another prosperous day for the l...