Entries for April 2019
RECENT NEWS
2 Apr 2019
By Mary KennedyDTN Cash Grains Analyst In my March 18 story "Snowmelt, Rain Wreak Havoc on US River Systems" (https://www.dtnpf.com/…), I mentioned that the Mississippi River level in St. Paul, Minnesota, was at 5.8 feet. I watched it meandering through downtown St. Paul as it woke up from its winter hibernation. However, as the days went by and th...
2 Apr 2019
By Alan BruglerDTN Contributing Analyst The stars for Friday's USDA reports were clearly the Planting Intentions for 2019 corn and soybeans, with large corn stocks (as of March 1) getting the award for best supporting actor in a bear costume. USDA showed intentions for 92.792 million acres (ma) of corn in 2019, with soybeans at 84.617 ma. The for...
2 Apr 2019
DTN Closing Grain Comments 04/02 13:57 Spring Wheat Hits New Low, Grains Mixed May Minneapolis wheat fell 11 1/4 cents to a new contract low of $5.41 3/4 Tuesday in spite of USDA's lower-than-expected planting estimate and flooding around the Dakotas. Otherwise, Tuesday saw small gains in soybeans and Chicago wheat, while corn and K.C. wheat were s...
2 Apr 2019
By Anthony GrederDTN Managing Editor OMAHA (DTN) -- U.S. winter wheat is starting off the 2019 growing season in the best condition in three years, according to USDA's first weekly Crop Progress report released Monday. For the week ended March 31, 2019, winter wheat was rated 56% in good-to-excellent condition, well above 32% at the same time last ...
2 Apr 2019
Cotton AWP/LDP 04/02 13:01 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...