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13 Feb 2024
It was August 2021, and in a field outside of Decatur, Illinois, the future seemed at hand. Raven Industries, at that point recently acquired by CNH Industrial, was showing off a Case IH tractor powered by the company's OmniDrive autonomous grain cart technology. It buzzed up and down the field pulling alongside, then away from, a combine, and it d...
13 Feb 2024
More and more farmers are looking to futures markets to reduce risk. There are two techniques farmers can use: hedging and speculation. Hedging is what most people think about when they market their crop. Tax law defines hedging as a transaction in the normal course of business to minimize risk of price changes with respect to inventory or supplies...
11 Feb 2024
By DTN Staff OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Feb. 11. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com. All times listed below are in Central Standard Time (CST) unless otherwise mentioned. 1. National machinery shows: Two of...
8 Feb 2024
The February World Agricultural Supply and Demand Estimates (WASDE) report on Thursday offered few surprises. While traders were focused on changes to both Brazil corn and soybean production, the resulting numbers turned out to be a major disappointment. In the U.S., ending stocks were raised for corn, soybeans, and wheat, leading to a slightly bea...
8 Feb 2024
By DTN Staff This article was originally published at 11:01 a.m. CST on Thursday, Feb. 8. It was last updated with additional information at 11:26 a.m. CST on Thursday, Feb. 8. ** OMAHA (DTN) -- USDA on Thursday released its February World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports. Stay tuned throughout the mornin...