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DTN Closing Livestock Comment 03/18 15:42

18 Mar 2019
DTN Closing Livestock Comment 03/18 15:42 Hog Futures Advance on Demand Strength Expectations for strong domestic and export markets helped push hog futures triple digits higher Monday. By Rick Kment DTN Analyst GENERAL COMMENTS: Early softness in lean hog futures Monday gave way to triple-digit gains by closing bell. Despite not expanding trading ...

Waiting on Winter Wheat

18 Mar 2019
By Emily UnglesbeeDTN Staff Reporter ROCKVILLE, Md. (DTN) -- The winter wheat crop is sleeping in this year -- and who can blame it? "Since the first of March, at 2-inch soil depths, we're running 10 degrees below normal," said Kansas State University Extension agronomist Jeanne Falk Jones. "Instead of soil temps being 40 to 42 degrees, they're st...

Todd's Take

18 Mar 2019
By Todd HultmanDTN Lead Analyst Not that long ago, things were looking up for corn prices. Adverse weather in early 2018 resulted in smaller South American corn crops and helped the U.S. achieve record demand of 4.65 billion bushels (bb) in the first quarter of 2018-19. This year, Brazil's soybean crop was diminished by hot and dry conditions in...

Iowa Latest to Declare Storms Disaster

18 Mar 2019
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- Iowa Gov. Kim Reynolds issued a disaster proclamation on Friday for 15 counties hit by the latest catastrophic flooding in the Midwest, Reynolds announced in a news release. Nebraska Gov. Pete Ricketts issued an emergency declaration on Tuesday ahead of the storm that raced through the Midwest this w...

FARM MARKET NEWS - CORN REPORT FOR Mon, March 18

18 Mar 2019
FARM MARKET NEWS - CORN REPORT FOR Mon, March 18 Exchange rate was 1.3334 up 0.0022 Chicago corn closed slightly lower. MAY19 HI 3.75 1/2 DEC19 HI 3.97 1/2 LOW 3.70 1/4 LOW 3.93 1/2 CLOSE3.71 1/2 Down 1 3/4 CLOSE 3.94 3/4 Down 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY19+JUL19+J...
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