17 Oct 2024
DTN Closing Livestock Comment 10/17 15:43 Southern Cattle Trade $1.00 Higher, Dressed Cattle Trade Steady Heading into Friday's market be on the lookout for the morning's export report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex traded mostly lower into Thursday's close while the hog complex rallied. Sales developed T...
17 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 17 Exchange rate was 1.3769 up 0.0031 Chicago soybeans closed slightly higher. NOV24 HI 9.91 1/4 NOV25 HI 10.32 3/4 LOW 9.68 1/4 LOW 10.17 CLOSE9.88 3/4 Up 8 3/4 CLOSE 10.31 Up 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+JAN25+JA...
17 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, October 17 Exchange rate was 1.3769 up 0.0031 Chicago corn closed narrowly mixed. DEC24 HI 4.07 1/2 DEC25 HI 4.39 3/4 LOW 3.99 LOW 4.33 1/4 CLOSE4.06 3/4 Up 2 CLOSE 4.37 1/2 Down 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK Low ...
17 Oct 2024
DTN Closing Grain Comments 10/17 13:44 Grain Futures Shake Off Early Weakness to Close Higher The grain markets were able to overcome early morning weakness Thursday to close higher for the day. Reports of Russian agency SovEcon cutting wheat production estimates had wheats leading the charge higher throughout the later hours of the session. Price ...
17 Oct 2024
OMAHA (DTN) -- Total acreage enrolled in the Conservation Reserve Program (CRP) is now the highest level in a decade as the program evolves and focuses more on grazing acres than at any time in its history. Checks for CRP should have been issued over the first two weeks of October at roughly $1.8 billion total in payments. CRP acreage under the Bid...
17 Oct 2024
HERSHEY, PA, October 17, 2024 – The U.S. Department of Agriculture (USDA) today celebrated the ongoing success of the Partnerships for Climate-Smart Commodities, a historic and innovative funding opportunity that expands markets for commodities produced using climate-smart production methods.
17 Oct 2024
DTN Midday Livestock Comments 10/17 11:40 Cash Cattle Bids Surface Bids are currently being offered in the south at $187, and in the North at $296 plus. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: A weaker undertone is noted throughout the livestock complex as once again; traders are tapping their toes waiting to see what develops in a f...
17 Oct 2024
DTN Midday Grain Comments 10/17 10:48 Corn, Soybean, Wheat Futures Lower at Midday Corn futures are 3 to 4 cents lower at midday Thursday; soybean futures are 5 to 7 cents lower; wheat futures are 1 to 6 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents lower at midday Thursday; soybean futures are 5...
17 Oct 2024
CHELSEA, Ala. (DTN) -- John Deere is announcing new layoffs amid sharp declines in equipment sales. Poor sales are not unique to Deere, a new equipment sales report shows. Deere detailed its most recent actions in a statement released to television station KWQC in Davenport, Iowa. Here is a portion of that statement: "Due to reduced demand for our ...
17 Oct 2024
FORT YATES, N.D., Oct. 17, 2024 – U.S. Department of Agriculture (USDA) Rural Development Under Secretary Dr. Basil Gooden today announced nearly $173 million in funding to connect rural residents, farmers and business owners in the Dakotas and eight other states to reliable high-speed internet.