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Grain News

USDA Daily Market Rates 10/17

17 Oct 2023
USDA Daily Market Rates 10/17 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 17, 2023 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...

DTN Early Word Grains 10/17 05:51

17 Oct 2023
DTN Early Word Grains 10/17 05:51 Grain Prices Mixed Tuesday Morning on Consolidating Gains and Harvest Pressure December corn is down 3/4 cent per bushel, November soybeans are up 3 1/2 cents, December KC wheat is down 2 cents, December Chicago wheat is down 5 cents and December Minneapolis wheat is down 3 cents. By Kent Beadle, DTN Contributing A...

FARM MARKET NEWS - CORN REPORT FOR Mon, October 16

16 Oct 2023
FARM MARKET NEWS - CORN REPORT FOR Mon, October 16 Exchange rate was 1.3605 down 0.0040 Chicago corn closed slightly lower. DEC23 HI 4.96 3/4 DEC24 HI 5.23 1/2 LOW 4.89 1/2 LOW 5.16 3/4 CLOSE4.90 Down 3 1/4 CLOSE 5.17 3/4 Down 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC23+MAR24+M...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 16

16 Oct 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 16 Exchange rate was 1.3605 down 0.0040 Chicago soybeans closed slightly higher. NOV23 HI 12.89 NOV24 HI 12.58 1/2 LOW 12.79 1/2 LOW 12.48 CLOSE12.86 1/4 Up 6 CLOSE 12.55 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+JAN24+JAN24...

DTN Closing Grain Comments 10/16 13:58

16 Oct 2023
DTN Closing Grain Comments 10/16 13:58 Bean Oil Rises for Third Straight Day, Pulls up Soybeans; Corn Weakens In very quiet trade, and despite weakness in the crude oil market, soybean oil surged to a third straight higher finish, pulling soybeans up with it, fueled by a record September crush and the lowest bean oil stocks since 2014. Corn was low...
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