12 Apr 2024
LINCOLN, Neb. (DTN) -- Archer Daniels Midland and Solugen Inc. broke ground Thursday on a 500,000-square-foot biorefinery in Marshall, Minnesota. The plant is expected to use corn syrup as a feedstock to produce low-carbon acids for use in agriculture and other applications. The plant will be built on a 34-acre parcel adjacent to ADM's corn-process...
12 Apr 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/12/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 657 WEEK TO DATE: 13,199 STEERS LIVE FOB 218 182.00-182.00 182.00-182.00 182.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 370 181.00-182.00 181.00-182.00 181.79 HEIFERS LIVE DELIVERED No reporta...
12 Apr 2024
USDA Daily Market Rates 04/12 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: April 12, 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 b...
12 Apr 2024
DTN Early Word Livestock Comments 04/12 06:15 Cash Cattle Expected to Trade Lower Friday After spending some time in negative territory, cattle futures were able to gain some traction and move higher Thursday. Technical support held for the time being. Hogs struggled to close higher after the huge price decline Wednesday. The packers were not aggre...
12 Apr 2024
DTN Early Word Grains 04/12 05:54 Grain Markets Mostly Higher, Rebounding From Thursday's USDA-Related Selloff May corn is up 1 cent per bushel, May soybeans are up 4 1/2 cents, May KC wheat is up 4 3/4 cents, May Chicago wheat is up 3 cents and May Minneapolis wheat is down 1/2 cent. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET C...
12 Apr 2024
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland Ohio 842 AM EDT Fri Apr 12 2024 Values represent highs yesterday...lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M=Missing Data T=Trace NA=Not Available : .BR CLE 0412 ES DH00/TAIRZX/DH07/TA...
11 Apr 2024
DTN Chart Technical Points 04/11 16:30 DTN FUTURES 10 4/11/24 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT MAY 551.75 558.44 557.28 553.53 561.23 46.51 47.02 45.94 34 52 70 72 CBTWT JUL 566.25 573.06 572.47 568.74 570.61 46.58 47.68 46.64 32 50 71 7...
11 Apr 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, April 11 Exchange rate was 1.3664 down 0.0006 Chicago corn closed slightly lower. MAY24 HI 4.37 1/2 DEC24 HI 4.74 1/4 LOW 4.27 1/2 LOW 4.65 1/4 CLOSE4.28 3/4 Down 5 1/2 CLOSE 4.66 Down 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+SEP...
11 Apr 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 11 Exchange rate was 1.3664 down 0.0006 Chicago soybeans closed slightly lower. MAY24 HI 11.66 1/4 NOV24 HI 11.70 1/4 LOW 11.51 LOW 11.56 CLOSE11.59 1/4 Down 5 1/2 CLOSE 11.64 1/4 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY24+JUL24+...
11 Apr 2024
The April 11 World Agricultural Supply and Demand Estimates (WASDE) report featured some bullish changes to U.S. corn demand and ending stocks that were not unexpected. However, it was the decision to leave Brazil corn and soy production unchanged that was the big surprise. Here is a look at each commodity and the changes. CORN Traders were lookin...