Entries for May 2024
RECENT NEWS
6 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago soybeans closed moderately higher to higher. JUL24 HI 12.51 1/4 NOV24 HI 12.22 3/4 LOW 12.07 LOW 11.93 CLOSE12.48 3/4 Up 33 3/4 CLOSE 12.19 3/4 Up 18 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
6 May 2024
DTN Closing Grain Comments 05/06 13:46 Adverse Weather and Speculative Short-Covering Combine to Send Crop Prices Higher July soybeans closed up 33 3/4 cents and July corn was up 8 3/4 cents, two old-crop prices that received boosts from South American harvest problems Monday. July contracts of KC and Chicago wheat posted their highest closes this ...
6 May 2024
DTN Midday Livestock Comments 05/06 11:39 Weaker Tones Summarize the Livestock Complex's Start to the New Week Heading into Monday's noon hour it's unlikely that the market sees much support develop as traders won't get confirmation of consumer demand in closing USDA reports until after the day's close. ShayLe Stewart DTN Livestock Analyst GENERAL ...
6 May 2024
DTN Midday Grain Comments 05/06 10:57 Corn, Soybeans, Wheat Higher by Midday Monday Corn trade is 7 to 8 cents higher. Beans are 20 to 22 cents higher and wheat trade is 8 to 22 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: The U.S. stock market is firmer at midday with the S&P 28 points higher. The dollar index is narrowly ...
6 May 2024
LINCOLN, Neb. (DTN) -- Springport, Michigan, farmer Gaylord Lincoln's scheduled trial has been delayed by a month after a federal court granted a joint motion for a delay. Lincoln was indicted by a grand jury in 2022 on 13 counts in connection with a federal investigation into alleged federal crop insurance and farm benefits fraud. Both sides conti...