RECENT NEWS
27 Sep 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, September 27 Exchange rate was 1.3493 up 0.0047 Chicago corn closed slightly higher. DEC24 HI 4.19 3/4 DEC24 HI 4.19 3/4 LOW 4.10 3/4 LOW 4.10 3/4 CLOSE4.18 Up 4 3/4 CLOSE 4.18 Up 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+DEC24+MAR25 CK...
27 Sep 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 27 Exchange rate was 1.3493 up 0.0047 Chicago soybeans closed moderately higher. NOV24 HI 10.69 1/2 NOV24 HI 10.69 1/2 LOW 10.34 1/4 LOW 10.34 1/4 CLOSE10.65 3/4 Up 24 3/4 CLOSE 10.65 3/4 Up 24 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATOR...
27 Sep 2024
COLUMBIA, Mo., (DTN) -- With fall harvest and grain shipping reaching a peak, agricultural groups are calling on the Biden administration to protect agricultural shippers from a growing number of transportation bottlenecks. The National Grain and Feed Association (NGFA) on Friday led a letter to President Joe Biden signed by 195 agricultural groups...
27 Sep 2024
DTN Closing Grain Comments 09/27 13:49 Corn, Soybeans, Soybean Meal Surge to Big Gains on Fund Buying With Wheat Lower Soybean and soymeal futures surged Friday while December corn challenged the recent high ahead of Monday's USDA small grains summary and September 1 stocks report. Bean oil continued to correct following Thursday's reversal, and al...
27 Sep 2024
MT. JULIET, Tenn. (DTN) -- The Federal Reserve's decision to cut interest rates by half a percentage point in September will lower the cost of borrowing money this fall, a small but welcome relief to farmers plagued by inflationary input costs and rock-bottom commodity prices. "If you're borrowing $2 million at 8% interest, that's $160,000, assumi...