Entries for October 2022
RECENT NEWS
12 Oct 2022
Perhaps the biggest surprise in an otherwise dull October USDA World Agricultural Supply and Demand Estimates (WASDE) report was soybeans seeing a sharp gain. However, the report slashed demand for corn, soybean and wheat to account for the slow pace of exports, ongoing river issues and the demand-dampening impact of global recession and high inter...
12 Oct 2022
FARM MARKET NEWS - CORN REPORT FOR Wed, October 12 Exchange rate was 1.3793 up 0.0050 Chicago corn closed slightly lower to steady. DEC22 HI 7.00 DEC22 HI 7.00 LOW 6.80 LOW 6.80 CLOSE6.93 Unchanged CLOSE 6.93 Unchanged OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC22+MAR23+MAR23 CK Low 1....
12 Oct 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 12 Exchange rate was 1.3793 up 0.0050 Chicago soybeans closed mixed. NOV22 HI 14.14 NOV23 HI 13.80 1/4 LOW 13.67 1/2 LOW 13.52 1/4 CLOSE13.96 Up 19 3/4 CLOSE 13.59 3/4 Down 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+JAN23+JAN23 CK...
12 Oct 2022
DTN Closing Grain Comments 10/12 14:26 Soybean Prices Higher After USDA Report, Wheat Prices End Lower November soybeans closed up 19 3/4 cents after USDA kept its estimate of U.S. ending soybean stocks unchanged at 200 million bushels Wednesday, the lowest in seven years. Corn and wheat also had bullish news in Wednesday's report, but corn prices ...
12 Oct 2022
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the first week of October 2022 show most fertilizers are lower than last month. Six of the eight major fertilizers are slightly lower in price compared to a month ago, while the remaining two are a bit higher. DTN designates a significant move as anything 5% or more. For the first time in f...