Entries for May 2024
RECENT NEWS
1 May 2024
OMAHA (DTN) -- After a couple of growing seasons with major drought issues, the forage outlook appears to be positive heading into the 2024 growing seasons. While there are some pockets where drought is continuing to hang on, more moisture has been present this winter into spring in many areas. Despite this outlook, the forage crop will certainly f...
1 May 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, May 1 Exchange rate was 1.3713 down 0.0035 Chicago corn closed slightly higher. JUL24 HI 4.51 1/2 DEC24 HI 4.73 1/2 LOW 4.43 3/4 LOW 4.66 CLOSE4.50 3/4 Up 4 CLOSE 4.72 3/4 Up 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low ...
1 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 1 Exchange rate was 1.3713 down 0.0035 Chicago soybeans closed slightly higher. JUL24 HI 11.71 1/2 NOV24 HI 11.66 LOW 11.56 1/4 LOW 11.53 3/4 CLOSE11.70 1/4 Up 7 1/4 CLOSE 11.65 Up 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+AU...
1 May 2024
DTN Closing Grain Comments 05/01 13:50 Row-Crop Prices Cautiously Higher; Winter Wheat Falls Back December corn ended up 3 1/4 cents and November soybeans were up 5 1/2 cents Wednesday, the day after the U.S. Energy Department issued guidelines for the production of sustainable aviation fuel. July KC wheat closed down 10 1/4 cents, a third day lowe...
1 May 2024
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the fourth week of April 2024 continued to be slightly higher. Seven of the eight major fertilizers are higher in price compared to a month. Despite the increases, no fertilizer was up a considerable amount. DTN designates a significant move as anything 5% or more. Seven fertilizers were s...