6 May 2024
This article was originally published at 3:03 p.m. CDT on Monday, May 6. It was last updated with additional information at 4:15 p.m. CDT on Monday, May 6. ** OMAHA (DTN) -- Corn planting progress fell behind the five-year average pace last week for the first time this season, while soybean planting continued ahead of the average pace, USDA NASS sa...
6 May 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago corn closed slightly to moderately higher. JUL24 HI 4.70 DEC24 HI 4.89 1/2 LOW 4.54 1/4 LOW 4.77 CLOSE4.69 Up 8 3/4 CLOSE 4.88 1/2 Up 5 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+SEP2...
6 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago soybeans closed moderately higher to higher. JUL24 HI 12.51 1/4 NOV24 HI 12.22 3/4 LOW 12.07 LOW 11.93 CLOSE12.48 3/4 Up 33 3/4 CLOSE 12.19 3/4 Up 18 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
6 May 2024
DTN Closing Grain Comments 05/06 13:46 Adverse Weather and Speculative Short-Covering Combine to Send Crop Prices Higher July soybeans closed up 33 3/4 cents and July corn was up 8 3/4 cents, two old-crop prices that received boosts from South American harvest problems Monday. July contracts of KC and Chicago wheat posted their highest closes this ...
6 May 2024
DTN Midday Livestock Comments 05/06 11:39 Weaker Tones Summarize the Livestock Complex's Start to the New Week Heading into Monday's noon hour it's unlikely that the market sees much support develop as traders won't get confirmation of consumer demand in closing USDA reports until after the day's close. ShayLe Stewart DTN Livestock Analyst GENERAL ...
6 May 2024
DTN Midday Grain Comments 05/06 10:57 Corn, Soybeans, Wheat Higher by Midday Monday Corn trade is 7 to 8 cents higher. Beans are 20 to 22 cents higher and wheat trade is 8 to 22 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 28 points higher. The dollar index is narrowly ...
6 May 2024
LINCOLN, Neb. (DTN) -- Springport, Michigan, farmer Gaylord Lincoln's scheduled trial has been delayed by a month after a federal court granted a joint motion for a delay. Lincoln was indicted by a grand jury in 2022 on 13 counts in connection with a federal investigation into alleged federal crop insurance and farm benefits fraud. Both sides conti...
6 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/06/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
6 May 2024
USDA Daily Market Rates 05/06 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 06, 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 ...
6 May 2024
By DTN Staff OMAHA (DTN)-- Here are the Top 5 things the DTN Newsroom is tracking for the week of May 5. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.dtnpf.com. Note that all report release times are Central Daylight Savings Time unless otherwise noted. 1. WASDE Friday: The May World ...