5 Sep 2024
DTN Closing Grain Comments 09/05 13:37 Grain, Soybeans Correct Following Recent Gains; Bean Oil Rises, Soybeans Recover Late In what could be described as a much-needed correction, the grain and soy markets, with the exception of bean oil, set back early Thursday. Both December corn and December Chicago wheat fell to test the 50-day moving average ...
5 Sep 2024
MT. JULIET, Tenn. (DTN) -- USDA forecasts 2024 net farm income 4.4% lower than last year at $140 billion. That's a sharp reversal from USDA's February forecast, which called for a 25% decline in net farm income, the agency's broad way of measuring profits across the various ag sectors. Net cash farm income, which accounts only for gross cash income...
5 Sep 2024
DTN Midday Livestock Comments 09/05 11:42 Livestock Complex Dips Lower Thursday Morning Cash cattle asking prices are noted at $185 in the South, but are still not established in the Northern Plains. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far it's been a quiet and dismal day for the livestock complex as all three of the markets...
5 Sep 2024
DTN Midday Grain Comments 09/05 10:57 Corn, Soybean, Wheat Futures All Lower at Midday Corn futures are 3 to 4 cents lower at midday Thursday; soybean futures are 5 to 7 cents lower; wheat futures are 4 to 11 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents lower at midday Thursday; soybean futures ...
5 Sep 2024
WASHINGTON, Sept. 5, 2024 – Today, Agriculture Secretary Tom Vilsack made the following statement following the release of the Economic Research Service’s 2024 Farm Sector Income Forecast:
“Today’s farm sector income forecast shows that, while the projection shows a decline from the 2022 record high, 2024 is expected to close out a four-year strea...