Entries for March 2023
RECENT NEWS
28 Mar 2023
FARM MARKET NEWS - CORN REPORT FOR Tue, March 28 Exchange rate was 1.3594 down 0.0041 Chicago corn closed narrowly mixed. MAY23 HI 6.51 1/4 DEC23 HI 5.73 3/4 LOW 6.44 1/2 LOW 5.66 1/4 CLOSE6.47 1/4 Down 1 CLOSE 5.72 1/4 Up 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY23+JUL23+JUL23...
28 Mar 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 28 Exchange rate was 1.3594 down 0.0041 Chicago soybeans closed slightly to moderately higher. JUL23 HI 14.46 3/4 NOV23 HI 13.06 3/4 LOW 14.18 1/4 LOW 12.85 1/4 CLOSE14.44 1/2 Up 23 3/4 CLOSE 13.03 3/4 Up 15 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/m...
28 Mar 2023
DTN Closing Grain Comments 03/28 13:52 Soybeans, Meal Surge Higher Ahead of Friday's USDA Reports May soybeans closed up 25 1/2 cents and May soybean meal was up $11.90, both fighting back from last week's sharp selloff with a chance Friday's Grain Stocks report will show soybeans still on track for tight supplies this summer. May KC wheat was up 1...
28 Mar 2023
The spring season has certainly been an active season thus far. Severe storms are picking up, exemplified by the tragic tornado that plowed through Mississippi March 24 that killed at least 26 people. Snow continues to fall, sometimes in heavy bands. One occurred with that same system across eastern Iowa through eastern Wisconsin that dropped over ...
28 Mar 2023
DTN Midday Livestock Comments 03/28 11:30 Live Cattle Keep Monday's Momentum The live cattle contracts are the only market seeming to be able to keep with Monday's upward trek, as the lean hog and feeder cattle markets both trend lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's a mixed day for the livestock complex as both the fee...