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30 Mar 2022
OMAHA (DTN) -- Significantly higher retail fertilizer prices returned the fourth week of March 2022, according to sellers surveyed by DTN. The last time two fertilizers were double digits higher was the first week of December 2021. DAP and urea led the way higher. DAP was 16% more expensive compared to last month and has an average price of $1,014 ...
29 Mar 2022
We are entering the last few days of March and it anything like the old saying of "in like a lion and out like a lamb." Normally this is meant to describe how March can start out quite rough and wintry, but end much more tranquil and warm. Much of the month has been characterized with up-and-down temperatures, heavy precipitation events, and some s...
29 Mar 2022
USDA's survey of Prospective Plantings for 2022 and report of Quarterly Grain Stocks for March 1 will be released Thursday, March 31 at 11 a.m. CDT. Given the importance of this year's outside market events, the numbers may not grab trader attention for very long, but they will offer new information to ponder. PROSPECTIVE PLANTINGS During USDA's An...
29 Mar 2022
OMAHA (DTN) -- The Cattle Price Discovery and Transparency Act is now on its third revision as the senators who authored the bill released a new version on Monday. Senators Jon Tester, D-Mont.; Chuck Grassley, R-Iowa; Deb Fischer, R-Neb.; and Ron Wyden, D-Ore., on Monday released the Cattle Price Discovery and Transparency Act of 2022. The bill wou...
28 Mar 2022
OMAHA (DTN) -- Despite a lack of willingness in Congress last year to go along with his tax proposals, President Joe Biden's budget proposal for fiscal year 2023 again calls for raising the corporate tax rate to 28% and imposing special taxes on high-income taxpayers. Overall, the White House proposes a $5.8 trillion budget for fiscal year 2023 wit...