27 Sep 2024
DTN Closing Livestock Comment 09/27 15:47 Traders Leave the Livestock Complex Mixed After a Fruitful Week Heading into next week's market it will be imperative to see how many cattle were bought this week for the deferred market as that will give a clear indication as to how aggressive packers will be in next weeks cash cattle trade. ShayLe Stewart...
27 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, September 27 Exchange rate was 1.3493 up 0.0047 Chicago corn closed slightly higher. DEC24 HI 4.19 3/4 DEC24 HI 4.19 3/4 LOW 4.10 3/4 LOW 4.10 3/4 CLOSE4.18 Up 4 3/4 CLOSE 4.18 Up 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+MAR25 CK...
27 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 27 Exchange rate was 1.3493 up 0.0047 Chicago soybeans closed moderately higher. NOV24 HI 10.69 1/2 NOV24 HI 10.69 1/2 LOW 10.34 1/4 LOW 10.34 1/4 CLOSE10.65 3/4 Up 24 3/4 CLOSE 10.65 3/4 Up 24 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATOR...
27 Sep 2024
COLUMBIA, Mo., (DTN) -- With fall harvest and grain shipping reaching a peak, agricultural groups are calling on the Biden administration to protect agricultural shippers from a growing number of transportation bottlenecks. The National Grain and Feed Association (NGFA) on Friday led a letter to President Joe Biden signed by 195 agricultural groups...
27 Sep 2024
DTN Closing Grain Comments 09/27 13:49 Corn, Soybeans, Soybean Meal Surge to Big Gains on Fund Buying With Wheat Lower Soybean and soymeal futures surged Friday while December corn challenged the recent high ahead of Monday's USDA small grains summary and September 1 stocks report. Bean oil continued to correct following Thursday's reversal, and al...
27 Sep 2024
MT. JULIET, Tenn. (DTN) -- The Federal Reserve's decision to cut interest rates by half a percentage point in September will lower the cost of borrowing money this fall, a small but welcome relief to farmers plagued by inflationary input costs and rock-bottom commodity prices. "If you're borrowing $2 million at 8% interest, that's $160,000, assumi...
27 Sep 2024
DTN Midday Livestock Comments 09/27 11:33 Cattle Continue to Rally Thanks to the Cash Market's Support Heading into Friday's noon hour the cattle complex is trading higher while the lean hog market continues to drift lower and grumble about Thursday's Quarterly Hogs and Pigs Report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With the sn...
27 Sep 2024
WASHINGTON, Sept. 27, 2024 — Today, the Departments of the Interior, Agriculture, and Commerce released a report outlining recommendations to enhance community-led economic development by creating jobs in the sustainable forest product sector and outdoor recreation while supporting healthy, resilient forests.
27 Sep 2024
DTN Midday Grain Comments 09/27 10:54 Corn, Soybean Futures Higher at Midday; Wheat Lower Corn futures are 3 to 4 cents higher at midday Friday; soybean futures are 13 to 15 cents higher; wheat futures are 3 to 4 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents higher at midday Friday; soybean futur...
27 Sep 2024
LINCOLN, Neb. (DTN) -- The U.S. Environmental Protection Agency released its vulnerable species action plan (VSAP) on Thursday that sets out ways to protect from pesticides 27 plant and animal species identified as imperiled or in danger of extinction. The plan was released as part of the agency's ongoing response to a 2023 court settlement on the ...