RECENT NEWS
31 May 2024
FARM MARKET NEWS - CORN REPORT FOR Fri, May 31 Exchange rate was 1.3627 down 0.0042 Chicago corn closed slightly lower. JUL24 HI 4.53 3/4 DEC24 HI 4.74 3/4 LOW 4.45 1/2 LOW 4.66 1/4 CLOSE4.46 1/4 Down 2 1/2 CLOSE 4.67 Down 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 ...
31 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 31 Exchange rate was 1.3627 down 0.0042 Chicago soybeans closed slightly lower. JUL24 HI 12.23 3/4 NOV24 HI 12.01 1/2 LOW 12.02 3/4 LOW 11.82 1/2 CLOSE12.05 Down 4 3/4 CLOSE 11.84 1/2 Down 5 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+...
31 May 2024
DTN Closing Grain Comments 05/31 13:50 Crop Prices Continue Post-Memorial Day Slide on Friday Corn and soybean prices started higher Friday, but finished lower by the end of the session, finding no significant support since USDA reported planting progress on Tuesday. Wheat prices were mixed with a mostly dry forecast still ahead for crops in southw...
31 May 2024
OMAHA (DTN) -- A large share of corn production has now moved into the late planting period during the past week. There is already a lot of social media chatter from farmers and analysts about the dreaded acronym "PP" -- or prevented planting. Weather could start affecting crop insurance coverage for producers more during the next week. As DTN Ag M...
31 May 2024
LINCOLN, Neb. (DTN) -- The IRS released guidance on Friday on how to register for the 45Z Clean Fuel Production Credit, including a list of feedstocks that could qualify for the $1-per-gallon credit. The 45Z credit takes effect on Jan. 1, 2025, and the IRS said that the highly anticipated guidance is yet to come on issues including modification to ...