Growers

House Ag Plows Through Farm Bill

23 May 2024
OMAHA (DTN) -- Members of the House Agriculture Committee drew their lines in the sand Thursday on a new farm bill as Republicans praised the legislation for boosting support for farmers while Democrats opposed the bill over cuts to food aid and the funding used to pay for an improved farmer safety net. The 54-member committee kicked off the marath...

DTN Closing Livestock Comment 05/23 16:04

23 May 2024
DTN Closing Livestock Comment 05/23 16:04 Northern Feedlots Traded Cattle for $300 to $305 -- steady to $5.00 Higher Heading into Friday's market the cash cattle complex will expect more cattle to trade and on Friday afternoon the monthly Cattle on Feed report will be released. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contr...

DTN Chart Technical Points 05/23 16:30

23 May 2024
DTN Chart Technical Points 05/23 16:30 DTN FUTURES 10 5/23/24 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT JUL 698.00 694.31 679.67 654.04 607.88 70.30 68.98 64.13 75 71 83 81 CBTWT SEP 718.00 714.25 699.81 674.13 626.20 70.69 69.58 65.02 76 72 84 8...

FARM MARKET NEWS - CORN REPORT FOR Thu, May 23

23 May 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, May 23 Exchange rate was 1.3729 up 0.0041 Chicago corn closed slightly higher. JUL24 HI 4.67 1/4 DEC24 HI 4.89 LOW 4.58 1/2 LOW 4.81 CLOSE4.64 Up 2 3/4 CLOSE 4.86 1/2 Up 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low 0.75 ...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 23

23 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 23 Exchange rate was 1.3729 up 0.0041 Chicago soybeans closed slightly lower. JUL24 HI 12.58 1/4 NOV24 HI 12.28 LOW 12.36 LOW 12.12 3/4 CLOSE12.39 1/4 Down 7 CLOSE 12.16 Down 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+AUG24 CK...

DTN Closing Grain Comments 05/23 13:52

23 May 2024
DTN Closing Grain Comments 05/23 13:52 Row Crop Prices Mixed as Wheat Pushes Higher Thursday December corn ended up 2 1/2 cents with help from a wet forecast and another weekly report of active corn exports. November soybeans were down 2 1/4 cents, while July contracts of all three U.S. wheats finished higher, while the forecast remains mostly dry ...

DTN Midday Livestock Comments 05/23 11:47

23 May 2024
DTN Midday Livestock Comments 05/23 11:47 Light Southern Trade Beginning to Develop for $1 Higher Thursday Some light Southern trade is beginning to develop for $187, which is $1.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: With some light trade beginning to develop in the South for $1.00 highe...

DTN Midday Grain Comments 05/23 10:52

23 May 2024
DTN Midday Grain Comments 05/23 10:52 Corn Futures Higher at Midday; Soybeans Lower; Wheat Mixed Corn futures are 2 to 3 cents higher at midday Thursday; soybean futures are 5 to 6 cents lower; wheat futures are narrowly mixed. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 2 to 3 cents higher at midday Thursday; soybean f...

Oregon CAFO Regs Stifle Family Farms

23 May 2024
LINCOLN, Neb. (DTN) -- Lexington, Oregon, farmers Jake and Lara Neiffer say a new state law requiring concentrated animal feeding operations to have water permits wasn't designed with small farms in mind. The law passed by the Oregon State Legislature, SB85, and signed into law by Democratic Gov. Tina Kotek in July 2023, requires CAFOs to obtain wa...

Portland Grain Review 05/23

23 May 2024
May 23, 2024 Portland Price Trends 05-01-23 08-01-23 04-01-24 05-16-24 05-23-24 #1 SWW (bus) 7.15 7.05 5.65 6.60 6.80 White Club 7.15 7.30 5.65 6.60 6.80 DNS 14% 8.76 9.05 7.30 8.03 8.11 HRW 11.5% 8.78 8.24 6.50 7.15 7.56 #2 Corn (ton) 271.00 254.00 220.00 222.00 227.00 #2 Barley 220.00 210.00 155.00 155.00 155.00 Wheat...Net gains were posted acro...
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