18 Jul 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, July 18 Exchange rate was 1.3688 up 0.0020 Chicago corn closed moderately lower. SEP24 HI 3.99 DEC24 HI 4.13 LOW 3.90 LOW 4.04 1/4 CLOSE3.91 1/4 Down 6 3/4 CLOSE 4.05 Down 6 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP24+DEC24+DEC24 CK Low 0.9...
18 Jul 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 18 Exchange rate was 1.3688 up 0.0020 Chicago soybeans closed slightly higher. AUG24 HI 11.01 NOV24 HI 10.46 1/4 LOW 10.89 LOW 10.31 3/4 CLOSE10.98 1/2 Up 1 1/4 CLOSE 10.43 Up 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG24+NOV24 CK L...
18 Jul 2024
LINCOLN, Neb. (DTN) -- Four national agriculture interest groups sent a letter to U.S. Treasury Secretary Janet Yellen on Wednesday asking the Biden administration to reconsider guidance on sustainable aviation fuel tax credits and to include a domestic-feedstock requirement in upcoming guidance on the 45Z Clean Fuel Production tax credit. The IRS ...
18 Jul 2024
DTN Closing Grain Comments 07/18 13:48 Corn Price Slump Continues, Spring Wheat Gains on Dry Forecast December corn closed down 6 3/4 cents, pressured by more spec selling, even though the demand for corn remains highly active at these cheap prices. September Minneapolis wheat closed up 8 3/4 cents and November canola was up C$18.20 as both crops a...
18 Jul 2024
READING, PA, July 18, 2024 – Agriculture Secretary Tom Vilsack today announced the U.S. Department of Agriculture (USDA) is investing $90 million in 53 Conservation Innovation Grants (CIG) projects, which support the development of new tools, approaches, practices and technologies to further natural resource conservation on private lands.
18 Jul 2024
DTN Midday Livestock Comments 07/18 11:47 Northern Feedlots Holding Out for Better Money Bids of $310 and $196 are currently being offered for cattle in Nebraska, but feedlots are holding out for better money at this point. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed into Thursday's noon hour as the...
18 Jul 2024
OMAHA (DTN) -- Once again, the big-hitting data point in Friday's July 1 USDA Cattle on Feed report will be placements, given that last month's placements were up 4%. If last month's data is accurate, then we should see a reduction in the June placement data. But given that analysts' pre-report estimates fall anywhere from 89.9% to 100.7% compared ...
18 Jul 2024
DTN Midday Grain Comments 07/18 10:51 Corn Futures Lower at Midday; Soybeans Flat-Lower; Wheat Mixed Corn futures are 6 to 7 cents lower at midday Thursday; soybean futures are flat to 2 cents lower; wheat futures are 5 cents lower to 8 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 6 to 7 cents lower at midd...
18 Jul 2024
July 18, 2024 Portland Price Trends 07-01-23 08-01-23 06-01-24 07-11-24 07-18-24 #1 SWW (bus) 7.00 7.05 6.70 6.00 5.75 White Club 7.15 7.30 6.70 6.00 5.75 DNS 14% 8.79 9.05 8.04 6.97 6.73 HRW 11.5% 8.41 8.24 7.40 6.28 6.04 #2 Corn (ton) 261.00 254.00 220.00 198.00 203.00 #2 Barley 220.00 210.00 155.00 160.00 160.00 Wheat...West coast wheat prices l...
18 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/18/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 256 WEEK TO DATE: 7,360 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...