2 May 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, May 2 Exchange rate was 1.3664 down 0.0049 Chicago corn closed moderately higher. JUL24 HI 4.60 1/2 DEC24 HI 4.80 1/2 LOW 4.49 3/4 LOW 4.71 1/2 CLOSE4.59 3/4 Up 9 CLOSE 4.79 1/2 Up 6 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 C...
2 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 2 Exchange rate was 1.3664 down 0.0049 Chicago soybeans closed slightly to moderately higher. JUL24 HI 12.01 3/4 NOV24 HI 11.90 1/4 LOW 11.70 1/4 LOW 11.64 1/2 CLOSE11.99 Up 28 3/4 CLOSE 11.87 3/4 Up 22 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVA...
2 May 2024
DTN Closing Grain Comments 05/02 13:54 Soybean Prices Surge on Brazil's Weather Woes With heavy rains damaging the soybean harvest in southern Brazil and Argentina also harvesting in wet conditions, July soybeans closed up 28 3/4 cents and July soybean meal was up $15.90, the largest percentage gain among Thursday's grain-related contracts. July co...
2 May 2024
DTN Midday Livestock Comments 05/02 11:31 Cattle Rally Upon No Bird Flu Traces Found in Ground Beef It's been a winning day for the livestock complex with cash cattle sales being higher, the complex receiving a marketing year high for export and the USDA's announcement on finding no traces of avian influenza in ground beef. ShayLe Stewart DTN Lives...
2 May 2024
DTN Midday Grain Comments 05/02 11:06 Corn, Soybean Futures Higher at Midday; Wheat Mixed Corn futures are 3 to 4 cents higher at midday Thursday; soybean futures are 16 to 18 cents higher; wheat futures are 3 cents lower to 3 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents higher at midday Thursd...
2 May 2024
May 2, 2024 Portland Price Trends 05-01-23 08-01-23 04-01-24 04-25-24 05-02-24 #1 SWW (bu) 7.15 7.05 5.65 6.10 6.05 White Club 7.15 7.30 5.65 6.10 6.05 DNS 14% 8.76 9.05 7.30 7.79 7.91 HRW 11.5% 8.78 8.24 6.50 7.09 6.97 #2 Corn (ton) 271.00 254.00 220.00 222.00 218.00 #2 Barley 220.00 210.00 155.00 155.00 155.00 Wheat..An improved pace of buying in...
2 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 895 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 - T...
2 May 2024
USDA Daily Market Rates 05/02 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 02, 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 ...
2 May 2024
WASHINGTON, May 2, 2024 — Today, Agriculture Secretary Tom Vilsack will join President Biden as he signs a proclamation expanding the San Gabriel Mountains National Monument.
2 May 2024
DTN Early Word Livestock Comments 05/02 06:25 Markets May See Further Liquidation Thursday The news of the avian flu in cattle is running rampant with numerous articles detailing concerns about the impacts this may have on people if it becomes more widespread. Cattle futures sunk Wednesday under the weight of these articles, taking hog futures down...