22 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 22 Exchange rate was 1.3497 down 0.0006 Chicago soybeans closed slightly to moderately higher. AUG23 HI 12.78 NOV23 HI 11.99 3/4 LOW 12.45 1/4 LOW 11.72 CLOSE12.75 1/2 Up 27 1/2 CLOSE 11.97 Up 21 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +A...
22 May 2023
DTN Closing Grain Comments 05/22 13:52 July Soybeans, Bean Oil Lead Crop Prices Higher Monday July soybeans closed up 34 cents and July soybean oil was up 1.50 cents, supported by a drier forecast for the central and eastern Midwest and by a rumor that the Environmental Protection Agency dropped its proposal for eRINs, a credit for electric car mak...
22 May 2023
WASHINGTON, May 22, 2023 - The Biden-Harris Administration today announced that the U.S. Department of Agriculture (USDA) is making investments, including from the Bipartisan Infrastructure Law, in watershed infrastructure to help communities recover from and prepare for natural disasters.
22 May 2023
DTN Midday Livestock Comments 05/22 11:52 Higher Corn Prices Pressure Livestock The onset of higher corn prices is negatively affecting the livestock complex heading into Monday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is trading mostly lower heading into Monday afternoon as the market is reacting ne...
22 May 2023
The USACE consolidated lock repair schedule will be in its final phase beginning June 1, 2023, through Sept. 30, 2023. The full closure schedule is for approximately 120 days. The 2023 closure won't affect as much grain traffic as happened in the 2020 closure of five locks, but any business moving product by barge above the 2023 closures will defin...
22 May 2023
DTN Midday Grain Comments 05/22 11:05 Corn, Soybean, Wheat Futures Higher at Midday Corn futures are 9 to 20 cents higher at midday Monday; soybean futures are 22 to 32 cents higher; wheat futures are 6 to 8 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 9 to 20 cents higher at midday Monday; soybean futures ...
22 May 2023
WASHINGTON, May 22, 2023 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is helping rural communities across eight states and Puerto Rico address some of their immediate needs and foster long-term economic growth.
22 May 2023
LINCOLN, Neb. (DTN) -- The American Farm Bureau Federation announced the signing of two new memorandums of understanding with ag equipment manufacturers Kubota Tractor Corp. and AGCO to continue to provide necessary diagnostic and other equipment to farmers and independent repair shops. The MOUs are said to cover 70% of all agriculture machinery so...
22 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/22/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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 - TOD...
22 May 2023
USDA Daily Market Rates 05/22 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 22, 2023 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be ...