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7 Apr 2021
Wheat prices are pretty motivating this spring. And sure enough, the market plans to respond -- wheat acreage is expected to reach 46.4 million acres this year, up 5% from 2020. This isn't huge in historic terms (in fact, it's the fourth-lowest wheat acreage number since 1919). The highest-value wheat varieties -- durum and hard red spring wheat --...
7 Apr 2021
Editor's Note: This article originally appeared in the April 2021 edition of Progressive Farmer magazine. For more content from the latest edition of the magazine, visit https://www.dtnpf.com/…. ** Corn pours into Kelly Nieuwenhuis' combine grain tank this past fall as 20-plus mph winds keep two MidAmerican Energy wind turbines spinning in his fie...
6 Apr 2021
LINCOLN, Neb. (DTN) -- State legislation that would slap a warning label on E15 pumps in Indiana is drawing outrage from a group of ethanol producers in the state and a national ethanol group, who have asked Indiana Republican Gov. Eric Holcomb to veto the measure. The governor has eight days from when he receives the bill to decide whether to sign...
6 Apr 2021
Corn pours into Kelly Nieuwenhuis' combine grain tank this past fall as 20-plus mph winds keep two MidAmerican Energy wind turbines spinning in his field. The northwest-Iowa row-crop farmer, in effect, is harvesting two revenue streams, but the latter is a stable source. "For the last four years, the turbines were the most profitable part of my far...
6 Apr 2021
The DTN national average basis started the new-crop year of 2020-21 running close to the five-year strongest basis and has been climbing ever since. As you can see in the chart at the start of January 2021, the basis reached the DTN strongest five-year basis and by the end of that month had moved above it and hasn't looked back. Country elevator po...