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27 Jul 2022
OMAHA (DTN) -- Retail fertilizer prices continued to be mostly lower, led by urea, the third week of July 2022, according to sellers surveyed by DTN. This march to less expensive prices has been a market feature for two consecutive months now. Once again, all but one of the eight major fertilizers are lower compared to last month, with only one fer...
26 Jul 2022
All eyes are on the Federal Reserve this week as the Federal Open Markets Committee deliberates whether to raise interest rates by 75 basis points, like it did in June, or if it follows a more aggressive path like the Bank of Canada did earlier this month and issues a 100-basis-point increase. For farmers, higher interest rates make borrowing mone...
25 Jul 2022
This article was originally posted at 3:07 p.m. CDT on Monday, July 25. It was last updated with additional information at 3:47 p.m. CDT on Monday, July 25. ** OMAHA (DTN) -- Heat and a lack of moisture in much of the country took a toll on U.S. crop conditions last week, with good-to-excellent condition ratings for corn, soybeans and spring wheat ...
25 Jul 2022
A weeklong strike at the Port of Oakland has crippled operations and, according to CNBC, some vessels were either pulling up anchor to go to another port or skipping the Port of Oakland altogether. The strike was also preventing trucks from moving cargo in and out of the port, which is the West Coast's third-busiest container port. On July 19, appr...
25 Jul 2022
OMAHA (DTN) -- Midwestern drought and its devastating effects are spreading. Each week, states such as Nebraska and Missouri are seeing more counties affected by dry weather. The drought means more bad news for cow-calf producers, who already have seen higher feed prices. With less forage available for grazing, cattle producers will be searching fo...