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10 Nov 2021
MT. JULIET, Tenn. (DTN) -- The average retail price of anhydrous set a record this week at $1,113/ton after increasing 38% from last month. The seven other major fertilizers tracked by DTN for the first week of November saw increases ranging from 9% to 36% as supply disruptions push prices to new highs. DTN considers a monthly price change of 5% or...
9 Nov 2021
OMAHA (DTN) -- Four U.S. senators have struck a deal on a livestock price discovery bill to expand negotiated cash trade for cattle and a library to provide producers details of marketing contract premiums and discounts being set by packers. The four main sponsors include Sens. Chuck Grassley, R-Iowa; Deb Fischer, R-Neb.; Jon Tester, D-Mont. and Ro...
9 Nov 2021
By DTN Staff This article was originally posted at 11:01 a.m. CST. It was updated at 11:56 a.m. ** OMAHA (DTN) -- USDA on Tuesday released its November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. For the 2021-22 corn crop, USDA bumped up the yield by .5 bushels per acre (bpa) to 177 bpa. That increased produc...
9 Nov 2021
SALT LAKE CITY -- Addressing some of the nation's top agricultural attorneys, USDA General Counsel Janie Hipp challenged ag lawyers to help farmers and ranchers stay on the land and in business. "Each of you needs to walk out of here and find five to 10 beginning farmers and ranchers and shepherd them to solidness. This will pay you back," Hipp tol...
8 Nov 2021
After spring wheat rang in the new-crop year starting on Sep. 1, 2021, the futures have been on a steady climb, making contract highs on their way higher. Since that day and through the close on Nov. 5, December Minneapolis spring wheat futures have gained $1.10 3/4. That hefty gain is even after the futures dropped 43 cents during the week ended N...