26 Nov 2024
REDFIELD, Iowa (DTN) -- Midwest cattle producers have dealt with drought conditions over the past several years. Early 2024 spring rains across the area helped pasture and range conditions, but by midsummer, drought conditions returned, and producers have struggled with fall pasture growth. "Fall pasture just didn't grow. Not even the fescue and th...
26 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 26 Exchange rate was 1.4062 up 0.0096 Chicago soybeans closed narrowly mixed. JAN25 HI 9.91 1/4 NOV25 HI 10.15 LOW 9.76 3/4 LOW 10.05 3/4 CLOSE9.83 1/2 Down 2 1/4 CLOSE 10.12 3/4 Up 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JA...
26 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Tue, November 26 Exchange rate was 1.4062 up 0.0096 Chicago corn closed slightly to moderately lower. MAR25 HI 4.34 DEC25 HI 4.33 1/2 LOW 4.25 1/2 LOW 4.28 1/2 CLOSE4.28 Down 5 CLOSE 4.30 1/4 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR25+MA...
26 Nov 2024
DTN Closing Grain Comments 11/26 13:47 Ag Markets Post Mixed Reaction Tuesday to Trade Rhetoric From President-Elect Trump The holiday week thus far has featured surprisingly high volume trade considering the lack of fresh fundamental news entering the market on any given day. The market did get a soundbite to drive trade Tuesday as U.S. President-...
26 Nov 2024
OMAHA (DTN) -- As a new administration prepares to take office, farmers are preparing for the next growing season. The annual DTN Ag Summit offers insight into what to expect. Scheduled for Dec. 5-6, the event offers a two-day deep dive into the policies and practicalities that accompany running a farming or ranching business. The capstone of our q...
26 Nov 2024
DTN Midday Livestock Comments 11/26 11:48 Feeders Continue to Push Higher, While Live Cattle Retreat Still no cash cattle trade has developed, but asking prices are now noted in the South at $189. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mixed into Tuesday's noon hour as the live cattle contracts are t...
26 Nov 2024
DTN Midday Grain Comments 11/26 10:52 Corn, Soybean Futures Lower at Midday; Wheat Higher Corn futures are 4 to 5 cents lower at midday Tuesday; soybean futures are 6 to 8 cents lower; wheat futures are 2 to 5 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 4 to 5 cents lower at midday Tuesday; soybean futures...
26 Nov 2024
OMAHA (DTN) -- Agricultural commodity prices slipped slightly Tuesday in morning trade following President-elect Donald Trump's vow to impose 25% import tariffs on Canada and Mexico, and a 10% tariff on products from China. The currencies for all three countries took a slight dip on Tuesday. Agricultural commodities didn't respond quickly, but by m...
26 Nov 2024
November 26, 2024 Portland Price Trends 11-01-23 01-01-24 10-01-24 11-19-24 11-26-24 #1 SWW (bus) 6.85 6.65 6.00 6.15 6.00 White Club 7.35 7.15 6.15 6.30 6.15 DNS 14% 7.94 8.03 7.05 6.65 6.75 HRW 11.5% 6.74 6.97 6.53 6.37 6.32 #2 Corn (ton) 237.00 232.00 216.00 216.00 213.00 #2 Barley 280.00 180.00 150.00 150.00 150.00 Wheat...West coast wheat mark...
26 Nov 2024
OMAHA (DTN) -- Congratulations and reactions continued during the weekend and Monday to President-elect Donald Trump's announcement that he intends to nominate former adviser Brooke Rollins as Agriculture secretary. Meanwhile, the Trump transition team remains stalled in learning about some of the key issues at USDA and other federal agencies becau...