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2 May 2017
By DTN Staff OMAHA (DTN) -- April is known for erratic weather, but the month may have outdone itself this year. Over the weekend, a wintry storm system dumped up to two feet of snow on parts of the Great Plains, flattening a winter wheat crop that was maturing weeks ahead of normal. Meanwhile in the Midwest and Midsouth, relentless rains swelled...
2 May 2017
By Todd HultmanDTN Analyst OMAHA (DTN) -- Corn and soybean inspections were bullish again this week, while wheat inspections were neutral to bullish in this week's export inspections report, according to DTN Analyst Todd Hultman. Corn weekly export inspections were 43.1 mb (1,093,729 mt) for the week ending Thursday, Apr. 27. This is below 46.1 mb...
2 May 2017
By Mary KennedyDTN Cash Grains Analyst On April 24, the CME Group announced the following: "Effective Sunday, March 18, 2018, and pending all CFTC regulatory review and approval periods, The Board of Trade of the City of Chicago, Inc. ("CBOT" or "Exchange") intends to implement a Variable Storage Rate (VSR) mechanism in its KC HRW Wheat futures. Th...
1 May 2017
By Todd NeeleyDTN Staff Reporter WASHINGTON (DTN) -- Two Democratic members of Congress want the U.S. Environmental Protection Agency's inspector general to investigate Administrator Scott Pruitt's decision to reject a petition to ban the pesticide chlorpyrifos, in a letter sent to the OIG on Thursday. Sen. Elizabeth Warren of Massachusetts and Re...
1 May 2017
By Mary KennedyDTN Cash Grains Analyst The DTN average dried distillers grains, or DDG, spot price was unchanged from one weeks ago, at $95, for the week ended April 27. Of the 39 locations from which DTN collects spot prices, eight bids were $2 to $5 higher, two bids were $2 to $8 lower and the balance of the prices were unchanged. The value of D...