RECENT NEWS
22 Nov 2024
By Chris Clayton, DTN Ag Policy Editor and Jerry Hagstrom, DTN Political Correspondent OMAHA (DTN) -- President-elect Donald Trump on Friday is considering former Georgia Sen. Kelly Loeffler as his nominee for Agriculture secretary. CNN reported Trump was meeting with Loeffler at his Mar-a-Lago resort to discuss the position. Loeffler has close tie...
22 Nov 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, November 22 Exchange rate was 1.3969 up 0.0016 Chicago corn closed slightly lower. DEC24 HI 4.29 1/2 DEC25 HI 4.38 LOW 4.25 LOW 4.35 1/4 CLOSE4.25 1/2 Down 1 1/4 CLOSE 4.36 1/4 Down 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK...
22 Nov 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, November 22 Exchange rate was 1.3969 up 0.0016 Chicago soybeans closed slightly higher. JAN25 HI 9.85 1/4 NOV25 HI 10.08 3/4 LOW 9.75 1/4 LOW 9.99 1/2 CLOSE9.83 1/2 Up 5 3/4 CLOSE 10.08 1/2 Up 4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN25+JAN2...
22 Nov 2024
OMAHA (DTN) -- The president of a failed organic soybean export company has been indicted by a federal grand jury in Iowa for bankruptcy fraud, accused of defrauding Iowa farmers of more than $4 million for their soybeans. David Wilcox was the president of Global Processing Inc., a buyer and exporter of non-GMO and organic soybeans. The company bas...
22 Nov 2024
DTN Closing Grain Comments 11/22 14:09 Grains Wrap Up Week With Another Quiet, Mixed Session To say it was a week of mixed results for ag markets would be an understatement as wheat and corn post positive movement for the week while soybeans struggled for the most part although managed to find a footing to close the week. I'd imagine the trade is i...