5 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 5 Exchange rate was 1.3472 down 0.0004 Chicago soybeans closed slightly higher. NOV24 HI 10.24 3/4 NOV24 HI 10.24 3/4 LOW 10.10 LOW 10.10 CLOSE10.23 1/2 Up 2 CLOSE 10.23 1/2 Up 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+NOV24+JAN2...
5 Sep 2024
LINCOLN, Neb. (DTN) -- With some farmers facing farm contamination from "forever chemicals" through the use of sewer sludge applied as fertilizer -- especially in states such as Maine and Michigan -- the U.S. Environmental Protection Agency this week announced millions of dollars in grants to help learn more about per- and polyfluoroalkyl substance...
5 Sep 2024
This article was originally posted at 3:26 p.m. CDT on Wednesday, Sept. 4. It was updated at 2:34 p.m. CDT on Thursday, Sept. 5, with a statement from USDA. ** REDFIELD, Iowa (DTN) -- Following U.S. Secretary of Agriculture Tom Vilsack's announcement last week that USDA has authorized the acceptance of licensure applications for an initial field st...
5 Sep 2024
DTN Closing Grain Comments 09/05 13:37 Grain, Soybeans Correct Following Recent Gains; Bean Oil Rises, Soybeans Recover Late In what could be described as a much-needed correction, the grain and soy markets, with the exception of bean oil, set back early Thursday. Both December corn and December Chicago wheat fell to test the 50-day moving average ...
5 Sep 2024
MT. JULIET, Tenn. (DTN) -- USDA forecasts 2024 net farm income 4.4% lower than last year at $140 billion. That's a sharp reversal from USDA's February forecast, which called for a 25% decline in net farm income, the agency's broad way of measuring profits across the various ag sectors. Net cash farm income, which accounts only for gross cash income...
5 Sep 2024
DTN Midday Livestock Comments 09/05 11:42 Livestock Complex Dips Lower Thursday Morning Cash cattle asking prices are noted at $185 in the South, but are still not established in the Northern Plains. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far it's been a quiet and dismal day for the livestock complex as all three of the markets...
5 Sep 2024
DTN Midday Grain Comments 09/05 10:57 Corn, Soybean, Wheat Futures All 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 4 to 11 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents lower at midday Thursday; soybean futures ...
5 Sep 2024
WASHINGTON, Sept. 5, 2024 – Today, Agriculture Secretary Tom Vilsack made the following statement following the release of the Economic Research Service’s 2024 Farm Sector Income Forecast:
“Today’s farm sector income forecast shows that, while the projection shows a decline from the 2022 record high, 2024 is expected to close out a four-year strea...
5 Sep 2024
DTN Weather Trend Indicators 09/05 12:28 Weather Indicator status values are: Corn=Neutral Soybeans=Neutral Wheat=Neutral LEGEND: The indicator choices are: Corn, Soybeans, Wheat The status choices are: Up, Down, Neutral For example: Corn=Neutral (c) Copyright 2024 DTN, LLC. All rights reserved.
5 Sep 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/05/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,311 WEEK TO DATE: 3,644 STEERS LIVE FOB 1,066 181.00-181.00 181.00-181.00 181.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 620 179.00-181.00 179.00-181.00 180.46 HEIFERS LIVE DELIVERED No repo...