News & Resources

Entries for May 2022

USDA Weekly Crop Progress Report

2 May 2022
This article was originally posted at 3:03 p.m. CDT on Monday, May 2. It was last updated at 4:01 p.m. CDT on Monday, May 2. ** OMAHA (DTN) -- Corn and soybean planting progress fell further behind the five-average pace last week as continued cool and wet conditions kept farmers out of their fields across large portions of the Eastern Corn Belt, Up...

FARM MARKET NEWS - CORN REPORT FOR Mon, May 2

2 May 2022
FARM MARKET NEWS - CORN REPORT FOR Mon, May 2 Exchange rate was 1.2915 up 0.0086 Chicago corn closed moderately lower. JUL22 HI 8.08 1/2 DEC22 HI 7.45 LOW 7.90 1/2 LOW 7.32 1/2 CLOSE8.03 1/2 Down 10 CLOSE 7.42 1/4 Down 9 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low ...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 2

2 May 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 2 Exchange rate was 1.2915 up 0.0086 Chicago soybeans closed moderately lower to lower. JUL22 HI 16.88 3/4 NOV22 HI 15.19 1/2 LOW 16.35 LOW 14.79 1/4 CLOSE16.45 1/4 Down 39 1/2 CLOSE 14.90 1/2 Down 24 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATO...

DTN Closing Grain Comments 05/02 13:53

2 May 2022
DTN Closing Grain Comments 05/02 13:53 Soybean Oil Prices Take Bearish Hit, Lead Grains Mostly Lower July soybean oil fell 4.09 cents Monday, the largest percentage loss in the grain sector after reaching a new all-time high Friday. Rain in the western Plains and more in the forecast also added to Monday's selling. Todd Hultman DTN Lead Analyst GEN...

Ethanol Company Wants Action on E30

2 May 2022
LINCOLN, Neb. (DTN) -- A South Dakota ethanol company recently asked the state's congressional delegation to work toward creating a pathway to allow E30 to be sold nationally, as two Midwest governors reportedly are working on a policy to require state vehicle fleets to run on the 30% ethanol, 70% gasoline blend. In an April 22 letter to South Dako...
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