Entries for May 2024
RECENT NEWS
2 May 2024
FARM MARKET NEWS - CORN REPORT FOR Thu, May 2 Exchange rate was 1.3664 down 0.0049 Chicago corn closed moderately higher. JUL24 HI 4.60 1/2 DEC24 HI 4.80 1/2 LOW 4.49 3/4 LOW 4.71 1/2 CLOSE4.59 3/4 Up 9 CLOSE 4.79 1/2 Up 6 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 C...
2 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 2 Exchange rate was 1.3664 down 0.0049 Chicago soybeans closed slightly to moderately higher. JUL24 HI 12.01 3/4 NOV24 HI 11.90 1/4 LOW 11.70 1/4 LOW 11.64 1/2 CLOSE11.99 Up 28 3/4 CLOSE 11.87 3/4 Up 22 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVA...
2 May 2024
DTN Closing Grain Comments 05/02 13:54 Soybean Prices Surge on Brazil's Weather Woes With heavy rains damaging the soybean harvest in southern Brazil and Argentina also harvesting in wet conditions, July soybeans closed up 28 3/4 cents and July soybean meal was up $15.90, the largest percentage gain among Thursday's grain-related contracts. July co...
2 May 2024
DTN Midday Livestock Comments 05/02 11:31 Cattle Rally Upon No Bird Flu Traces Found in Ground Beef It's been a winning day for the livestock complex with cash cattle sales being higher, the complex receiving a marketing year high for export and the USDA's announcement on finding no traces of avian influenza in ground beef. ShayLe Stewart DTN Lives...
2 May 2024
DTN Midday Grain Comments 05/02 11:06 Corn, Soybean Futures Higher at Midday; Wheat Mixed Corn futures are 3 to 4 cents higher at midday Thursday; soybean futures are 16 to 18 cents higher; wheat futures are 3 cents lower to 3 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 3 to 4 cents higher at midday Thursd...