8 Feb 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 8 Exchange rate was 1.3452 down 0.0009 Chicago soybeans closed slightly higher. MAR24 HI 12.04 3/4 NOV24 HI 11.81 LOW 11.80 1/2 LOW 11.64 1/2 CLOSE11.93 1/2 Up 4 1/2 CLOSE 11.72 3/4 Up 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY...
8 Feb 2024
The February World Agricultural Supply and Demand Estimates (WASDE) report on Thursday offered few surprises. While traders were focused on changes to both Brazil corn and soybean production, the resulting numbers turned out to be a major disappointment. In the U.S., ending stocks were raised for corn, soybeans, and wheat, leading to a slightly bea...
8 Feb 2024
DTN Closing Grain Comments 02/08 13:50 Wheat Prices Fall, Row Crop Prices Remain Mixed March KC wheat fell 17 1/4 cents to a new February low along with other wheat prices around the world as they all struggle to find demand. March corn ended down a penny and March soybeans were up 4 1/2 cents as traders sorted out differing crop views from USDA an...
8 Feb 2024
DTN Midday Livestock Comments 02/08 11:42 Cattle Turn Higher While Hogs Continue to Trek Lower Cash cattle trade has not developed yet, but bids could surface later Thursday afternoon. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thus far it's been a favorable day for the cattle contracts as the market welcomes friendly export data and fu...
8 Feb 2024
February 8, 2024 Portland Price Trends 02-01-23 08-01-23 01-01-24 02-01-24 02-08-24 #1 SWW (bu) 8.40 7.05 6.65 6.40 6.35 White Club 8.55 7.30 7.15 6.90 6.85 DNS 14% 10.02 9.05 8.03 7.81 7.69 HRW 11.5% 10.03 8.24 6.97 6.81 6.65 #2 Corn (ton) 296.00 254.00 232.00 224.00 220.00 #2 Barley 250.00 210.00 180.00 180.00 180.00 Wheat...Crop report day on Th...
8 Feb 2024
DTN Midday Grain Comments 02/08 10:46 Beans Trade Higher, Corn, What Trade Lower at Midday Thursday Corn trade is 2 to 3 cents lower; beans are 8 to 10 cents higher and wheat trade is 11 to 15 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is mixed at midday with the S&P 5 points lower. The dollar index i...
8 Feb 2024
By DTN Staff This article was originally published at 11:01 a.m. CST on Thursday, Feb. 8. It was last updated with additional information at 11:26 a.m. CST on Thursday, Feb. 8. ** OMAHA (DTN) -- USDA on Thursday released its February World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports. Stay tuned throughout the mornin...
8 Feb 2024
WASHINGTON (DTN) -- The Environmental Protection Agency announced a series of steps Wednesday that EPA intends to take to comply with the Endangered Species Act when it comes to pesticide use. In a speech to the National Association of State Departments of Agriculture, EPA Assistant Administrator Michal Freedhoff outlined how EPA will implement app...
8 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/08/24 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...
8 Feb 2024
USDA Daily Market Rates 02/08 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 08, 2024 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 no...