Growers

FARM MARKET NEWS - CORN REPORT FOR Wed, May 22

22 May 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, May 22 Exchange rate was 1.3688 up 0.0041 Chicago corn closed slightly higher. JUL24 HI 4.63 1/4 DEC24 HI 4.86 1/2 LOW 4.58 LOW 4.81 1/2 CLOSE4.61 1/4 Up 3 1/4 CLOSE 4.84 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low 0...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 22

22 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 22 Exchange rate was 1.3688 up 0.0041 Chicago soybeans closed slightly higher. JUL24 HI 12.49 3/4 NOV24 HI 12.22 3/4 LOW 12.33 1/4 LOW 12.10 1/2 CLOSE12.46 1/4 Up 10 CLOSE 12.18 1/4 Up 5 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL2...

DTN Closing Grain Comments 05/22 13:42

22 May 2024
DTN Closing Grain Comments 05/22 13:42 Wheat Forges a New Recent High But Can't Hold, Corn and Soybeans and Soy Products Finish Higher All three wheat markets along with the French milling wheat futures rushed to new rally highs before reversing to trade lower. Paris milling wheat gapped higher before finishing down, and Kansas City and Chicago Jul...

DTN Midday Livestock Comments 05/22 11:47

22 May 2024
DTN Midday Livestock Comments 05/22 11:47 Feeders Drive Cattle Complex Higher Again Wednesday The positive momentum in the feeder cattle complex is helping drive the entire cattle sector higher into Wednesday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The feeder cattle complex is powering its way through Wednesday's trade a...

Secretary Challenges House Farm Bill

22 May 2024
OMAHA (DTN) -- While the House draft farm bill loads up on the farm safety net, Agriculture Secretary Tom Vilsack said the bill "overpromises" farmers while also forcing a "crack in the coalition" that normally passes a farm bill. The House Agriculture Committee is set Thursday to markup and vote on the bill drafted by Chairman Glenn "GT" Thompson,...

DTN Midday Grain Comments 05/22 10:57

22 May 2024
DTN Midday Grain Comments 05/22 10:57 Corn, Soybean Futures Higher at Midday; Wheat Flat-Higher Corn futures are 2 to 3 cents higher at midday Wednesday; soybean futures are 5 to 6 cents higher; wheat futures are flat to 3 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 2 to 3 cents higher at midday Wednesday;...

DTN Cattle Close/Trends 05/22 15:35

22 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/22/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,149 WEEK TO DATE: 1,149 STEERS LIVE FOB 686 187.00-187.00 187.00-187.00 187.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 308 187.00-187.00 187.00-187.00 187.00 HEIFERS LIVE DELIVERED No report...

USDA Daily Market Rates 05/22

22 May 2024
USDA Daily Market Rates 05/22 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 22, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be ...

DTN Early Word Livestock Comments 05/22 06:19

22 May 2024
DTN Early Word Livestock Comments 05/22 06:19 Further Strength in Cattle Futures Cattle are on a roll and trending higher. Higher boxed beef indicates strong demand and packers will need to supply it. Hog futures remained under pressure with lower lows again made. Cutouts continue to struggle. Robin Schmahl DTN Contributing Analyst Cattle: Higher F...

DTN Retail Fertilizer Trends

22 May 2024
OMAHA (DTN) -- Average retail prices for most fertilizers were lower during the second week of May 2024, according to sellers surveyed by DTN. This was the second week in a row that most fertilizer prices were lower. Also, like last week, the price of just one fertilizer saw a significant move, which DTN designates as anything 5% or more. That was ...
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