19 Sep 2024
DTN Closing Livestock Comment 09/19 15:46 Livestock Complex Closes Higher Thanks to Strong Equity Markets Heading into Friday's trade the market is anxious to see the afternoon's Cattle on Feed report and what happens in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a prosperous day for the livestock complex ...
19 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 19 Exchange rate was 1.3528 down 0.0017 Chicago soybeans closed slightly lower. NOV24 HI 10.18 1/4 NOV24 HI 10.18 1/4 LOW 10.06 3/4 LOW 10.06 3/4 CLOSE10.13 1/4 Down 3/4 CLOSE 10.13 1/4 Down 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +...
19 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, September 19 Exchange rate was 1.3528 down 0.0017 Chicago corn closed moderately lower. DEC24 HI 4.13 DEC24 HI 4.13 LOW 4.05 1/4 LOW 4.05 1/4 CLOSE4.05 3/4 Down 7 CLOSE 4.05 3/4 Down 7 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 ...
19 Sep 2024
DTN Closing Grain Comments 09/19 13:46 Wheat and Corn Fade While Soybeans and Soy Products Finish Mixed to Mostly Higher Wheat and corn fell hard with Kansas City December wheat leading the way down with a fourth consecutive lower close. November soybeans traded around unchanged and the 50-day average for much of the day, while soybean oil was very...
19 Sep 2024
DTN Midday Livestock Comments 09/19 11:52 Stronger Equity Markets Help Bolster Livestock Markets Bids are currently being offered in the North, but still no cattle have traded. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's a prosperous day for the livestock markets as all three markets are trading higher. Some bids are currently being...
19 Sep 2024
OMAHA (DTN) -- As always, this time of year, both the on-feed and placement data will be big-ticket items on Friday when USDA releases its monthly Cattle on Feed Report. Once again, there is a large variance between what analysts believe placements could be, as projections are anywhere from down 3.2% to potentially up 2.3%. Given that last month's ...
19 Sep 2024
WASHINGTON, Sept. 19, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that USDA is awarding more than $35 million in grants to 15 independent meat processors in 12 states to increase processing capacity, spur competition to expand market opportunities for U.S. farmers and create jobs in rural areas.
19 Sep 2024
DTN Midday Grain Comments 09/19 10:59 Corn, Soybeans, Wheat Lower at Midday Corn futures are 5 to 6 cents lower; soybean futures are 1 to 2 cents lower and wheat futures are 9 to 11 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 5 to 6 cents lower; soybean futures are 1 to 2 cents lower and wheat futures are 9...
19 Sep 2024
LINCOLN, Neb. (DTN) -- A federal court dismissed an antitrust lawsuit that accused large agriculture companies, including Bayer, Corteva Agriscience and Syngenta, of conspiring to fix the prices of crop inputs, including herbicides, fungicides and insecticides. Farmer plaintiffs in Illinois and Minnesota filed a petition in 2021 with the U.S. Distr...
19 Sep 2024
LINCOLN, Neb. (DTN) -- The U.S. ethanol industry is used to being stuck in federal policy limbo and the leader of a top ethanol industry group said on Thursday that the looming November election poses a particular set of challenges. Case in point: the biofuels industry continues to wait for IRS guidance on the 45Z clean fuel production tax credit s...