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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 23

23 May 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 23 Exchange rate was 1.3475 up 0.0057 Chicago soybeans closed slightly lower. JUL19 HI 8.34 NOV19 HI 8.60 1/2 LOW 8.17 LOW 8.43 3/4 CLOSE8.21 1/2 Down 7 CLOSE 8.48 1/4 Down 7 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low 2.00...

DTN Closing Grain Comments 05/23 13:56

23 May 2019
DTN Closing Grain Comments 05/23 13:56 Corn Hits Major Resistance, Plunges on Farm Aid Uncertainty Despite some recent technical indications that the corn rally may have gone far enough for the short term, futures were able to shrug off overnight weakness and climb higher on Thursday -- until midday. News that the Trump administration was unveiling...

Cotton AWP/LDP 05/23 13:48

23 May 2019
Cotton AWP/LDP 05/23 13:48 Next week's LDP (POP) rate will be based on this week's five day average AWP, plus or minus any change in the adjustment factor or any use of the Secretary's discretionary authority. The following table shows how this week's "A" index prices may affect next week's Marketing Loan Gain. Crnt Forwrd Trans Count Count 5 Low 5...

DTN Midday Grain Comments 05/23 11:01

23 May 2019
DTN Midday Grain Comments 05/23 11:01 Wheat, Corn Higher at Midday Grains lead at midday, with soybeans lagging ahead of MFP announcement. By David Fiala DTN Contributing Analyst General Comments The U.S. stock market indices are weaker with the Dow 360 points lower. The interest rate products are weaker. The dollar index is 6 lower. Energies are s...

Portland Grain Review 05/23

23 May 2019
May 23, 2019 Portland Price Trends 05-01-18 08-01-18 04-01-19 05-16-19 05-23-19 #1 SWW (bu) 6.05 6.05 5.95 5.95 6.00 White Club 6.05 6.05 5.95 5.95 6.00 DNS 14% 7.68 7.08 6.68 6.14 6.32 HRW 11.5% 6.93 6.89 6.14 5.84 5.90 #2 Corn (ton) 184.00 160.00 172.00 173.00 176.00 #2 Barley 155.00 140.00 140.00 140.00 140.00 Wheat...A resurgence across the whe...
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