Entries for March 2018
RECENT NEWS
1 Mar 2018
FARM MARKET NEWS - CORN REPORT FOR Thu, March 1 Exchange rate was 1.2847 up 0.0021 Chicago corn closed slightly to moderately higher. MAY18 HI 3.86 1/2 DEC18 HI 4.05 LOW 3.79 1/2 LOW 3.98 3/4 CLOSE3.86 1/4 Up 4 1/4 CLOSE 4.04 3/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY18+J...
1 Mar 2018
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 1 Exchange rate was 1.2847 up 0.0021 Chicago soybeans closed slightly to moderately higher. MAY18 HI 10.68 3/4 NOV18 HI 10.38 LOW 10.50 3/4 LOW 10.27 CLOSE10.68 Up 12 1/2 CLOSE 10.38 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY...
1 Mar 2018
DTN Closing Grain Comments 03/01 13:49 HRW Wheat Reaches 7-Month High May K.C. wheat climbed 21 1/4 cents Thursday to its highest close in seven months as winter wheat contracts continue to respond to concerns of dry weather and wildfire risk in the southwestern U.S. Plains. Corn and soybeans also posted decent gains with ongoing support from dry c...
1 Mar 2018
Cotton AWP/LDP 03/01 14:13 Next week's LDP (POP) rate will be based on this week's five day average AWP, plus or minus any change in the adjustment factor or any use of the Secretary's discretionary authority. The following table shows how this week's "A" index prices may affect next week's Marketing Loan Gain. Crnt Forwrd Trans Count Count 5 Low 5...
1 Mar 2018
DTN Midday Livestock Comments 03/01 11:29 Follow-Through Pressure Seen in Feeder Cattle Futures Increased pressure quickly developed in feeder cattle trade early Thursday. Traders picked up in early March where they left off as they closed the book on February, with triple-digit losses. The lack of support in all livestock markets is limiting trade...