Entries for August 2020
RECENT NEWS
27 Aug 2020
OMAHA (DTN) -- Hurricane Laura in the Gulf of Mexico continued to track toward the Texas-Louisiana coast Wednesday afternoon. The storm reached "catastrophic" Category 4 status early Wednesday afternoon, according to the National Hurricane Center (NHC). The NHC also described the hurricane as "a formidable hurricane" in recent hours, threatening to...
27 Aug 2020
Double-digit up days in the markets are nice to see for everyone who has a long position, like a farmer with more crop yet to sell. On the soybean futures chart, these recent gains have been particularly significant because they have taken the market up out of the lackluster trading range of the past five months. Tuesday's high of $9.20 1/2 is the ...
27 Aug 2020
OMAHA (DTN) -- Attorneys for EPA and the U.S. Army Corps of Engineers asked a federal court this week to throw out a lawsuit challenging the Navigable Waters Protection Rule.Back in July, the South Carolina Coastal Conservation League asked the U.S. District Court for the District of South Carolina to vacate the rule, which was finalized by the Tru...
27 Aug 2020
DTN Closing Grain Comments 08/27 13:54 Corn, Soybeans Race Higher on Solid Demand, Slipping Yields For the past two weeks, both soybeans and corn have been moving solidly higher and Thursday was no exception. Fueled by the derecho winds that tore through the central and Western Corn Belt a few weeks ago, a very hot and dry August weather pattern an...
27 Aug 2020
DTN Midday Livestock Comments 08/27 12:03 Thursday's Trade is Lower for Cattle, and Mixed for Hogs Thursday's trade has been mostly lower but as time rounds the corner into the afternoon, the lean hog complex is slightly higher. ShayLe Stewart DTN Livestock Analyst General Comments Heading into Thursday afternoon, the livestock complex is lackadais...