16 Aug 2024
DTN Closing Livestock Comment 08/16 15:52 Friday's Trade Pushes the Livestock Complex Lower It was a grueling day as all three of the livestock markets closed lower as market confidence remains low. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a tough day for the livestock complex as the market ended on a bitter note by Friday's en...
16 Aug 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 16 Exchange rate was 1.3677 down 0.0033 Chicago soybeans closed slightly lower. NOV24 HI 9.70 1/4 NOV24 HI 9.70 1/4 LOW 9.55 LOW 9.55 CLOSE9.57 Down 11 1/2 CLOSE 9.57 Down 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+NOV24+NOV24 C...
16 Aug 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, August 16 Exchange rate was 1.3677 down 0.0033 Chicago corn closed slightly lower. SEP24 HI 3.75 3/4 DEC24 HI 3.97 1/2 LOW 3.67 3/4 LOW 3.90 CLOSE3.70 1/2 Down 4 1/2 CLOSE 3.92 1/2 Down 4 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+DE...
16 Aug 2024
By Katie Dehlinger, DTN Farm Business Editor, and Jason Jenkins, DTN Crops Editor MT. JULIET, Tenn. (DTN) -- Springtime moisture pulled Missouri out of some long-term deficits and, while conditions have been widely beneficial, the state has dealt with the most severe weather of any in the DTN Digital Yield Tour. Unlike other areas, Missouri growers...
16 Aug 2024
DTN Closing Grain Comments 08/16 16:13 Row-Crop Prices Continue Their Downward Slide Friday The downward slide in row-crop prices continued Friday with December corn down 4 1/2 cents and November soybeans down 11 1/2 cents, both reaching their lowest closes this year. September contracts of the three U.S. wheats traded lower early but ended with mo...
16 Aug 2024
OMAHA (DTN) -- Pointing to some of the struggling economics of the agricultural economy right now, the chief executive officer of Summit Carbon Solutions is making the case that capturing, shipping and storing carbon will help boost farmers' bottom lines. Lee Blank, CEO of Summit Carbon Solutions, gave ethanol producers at the American Coalition fo...
16 Aug 2024
By Katie Dehlinger, DTN Farm Business Editor, and Russ Quinn, DTN Staff Reporter MT. JULIET, Tenn. (DTN) -- An active moisture pattern recharged Nebraska soil moisture, sending the 2024 corn crop off to a great start with record potential. But that same active pattern drowned parts of the state in June and hammered others with hail in July, leaving...
16 Aug 2024
DTN Midday Livestock Comments 08/16 11:37 Livestock Trade Lower Again Friday With the cash cattle market not lending the support that was hoped for, the entire livestock complex is trading lower at Friday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's another grim day for the livestock complex as the market continues to fi...
16 Aug 2024
DTN Midday Grain Comments 08/16 11:11 Corn, Soybean Futures Lower at Midday; Wheat Flat-Higher Corn futures are 3 to 4 cents lower at midday Friday; soybean futures are 10 to 11 cents lower; wheat futures are flat to 3 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents lower at midday Friday; soybean...
16 Aug 2024
WASHINGTON, DC, August 16, 2024 – Two years ago, President Biden signed the Inflation Reduction Act, the largest investment in climate action and clean energy in world history. Key to the Biden-Harris Administration’s Investing in America agenda, this transformative law is lowering energy costs, creating new income streams, and tackling the climate...