Entries for May 2020
RECENT NEWS
26 May 2020
This week's big news was USDA's explanation of how it would distribute funds to farmers through its Coronavirus Food Assistance Program (CFAP). I won't rehash it here, but the short story is that applications will be available at the Farm Service Agency on May 26. Producers should quickly participate to help cover some of the losses on 2019 product...
26 May 2020
FARM MARKET NEWS - CORN REPORT FOR Tue, May 26 Exchange rate was 1.3767 down 0.0226 Chicago corn closed slightly higher. JUL20 HI 3.23 DEC20 HI 3.36 3/4 LOW 3.16 1/2 LOW 3.31 1/4 CLOSE3.19 Up 1 CLOSE 3.34 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL20+SEP20+SEP20 CK Low 1.25 4....
26 May 2020
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 26 Exchange rate was 1.3767 down 0.0226 Chicago soybeans closed slightly to moderately higher. JUL20 HI 8.49 NOV20 HI 8.57 1/2 LOW 8.32 1/4 LOW 8.43 1/4 CLOSE8.47 Up 13 3/4 CLOSE 8.55 Up 10 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL2+JUL...
26 May 2020
DTN Closing Grain Comments 05/26 14:09 Soybean Oil Pulls Soybeans Higher, Other Grains Mixed July soybean oil closed up 0.63 cent Tuesday, helping soybeans finish with double-digit gains, while other grains were mixed. The June U.S. Dollar Index is trading lower as investors' need for safe haven buying appears to be easing.
26 May 2020
OMAHA (DTN) -- When Karen Eifert Jones had to complete online training to spray dicamba herbicide this spring, she ended up doing it on her cell phone from the driveway of her mother's house.She was trying to maintain social distance from her 87-year-old parent, but still use the broadband internet. "My 17-year-old daughter was doing schoolwork at ...