Grain News
RECENT NEWS
7 May 2024
USDA Daily Market Rates 05/07 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 07, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be ...
7 May 2024
DTN Early Word Grains 05/07 05:52 Grain Markets Lower Tuesday Morning, Primarily on Good Rains in the HRW Wheat Belt July corn is down 1 3/4 cents per bushel, July soybeans are down 6 1/2 cents, July KC wheat is down 11 1/4 cents, July Chicago wheat is down 6 cents and July Minneapolis wheat is down 4 3/4 cents. Kent Beadle, DTN Contributing Analys...
6 May 2024
FARM MARKET NEWS - CORN REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago corn closed slightly to moderately higher. JUL24 HI 4.70 DEC24 HI 4.89 1/2 LOW 4.54 1/4 LOW 4.77 CLOSE4.69 Up 8 3/4 CLOSE 4.88 1/2 Up 5 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP2...
6 May 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 6 Exchange rate was 1.365 down 0.0021 Chicago soybeans closed moderately higher to higher. JUL24 HI 12.51 1/4 NOV24 HI 12.22 3/4 LOW 12.07 LOW 11.93 CLOSE12.48 3/4 Up 33 3/4 CLOSE 12.19 3/4 Up 18 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +J...
6 May 2024
DTN Closing Grain Comments 05/06 13:46 Adverse Weather and Speculative Short-Covering Combine to Send Crop Prices Higher July soybeans closed up 33 3/4 cents and July corn was up 8 3/4 cents, two old-crop prices that received boosts from South American harvest problems Monday. July contracts of KC and Chicago wheat posted their highest closes this ...