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Todd's Take

13 Mar 2020
By Todd HultmanDTN Lead Analyst Watching the week's news unfold, it was frustrating to helplessly stand by and see corn, soybean and wheat prices fall lower, along with cattle and hogs. Nearly all commodity prices and the U.S. stock market have fallen victim to coronavirus-related selling. It seemed that every public event of any importance was can...

US Natural Gas Inventories

13 Mar 2020
By DTN Staff CANYON LAKE, Texas (DTN) -- The Energy Information Administration Thursday reported natural gas held in U.S. storage decreased a less than expected 48 Bcf in the week ended March 6 to 2.043 Tcf, which is up 796 Bcf or 63.8% from the same time in 2019 and 227 Bcf or 12.5% above the five-year average of 1.816 Tcf. The 48 Bcf draw compare...

Fed Watchdog Eyes Dicamba

13 Mar 2020
By Emily UnglesbeeDTN Staff Reporter ALEXANDRIA, Va. (DTN) -- The inspector general of the EPA is planning to look into whether EPA acted properly when it registered dicamba in 2016 and 2018, as well as review states' use of Section 24(c) labels, often used for dicamba in recent years. The Office of the Inspector General (OIG) functions as an inte...

Kub's Den

12 Mar 2020
By Elaine KubDTN Contributing Analyst Conventional wisdom (or at least the conventional wisdom among old cattle traders) says that when the stock market is doing well, cattle prices also tend to rise. Certainly we've seen this relationship, in mostly the opposite direction, during the last few weeks while equity traders have been panicking about th...

USDA Reports Review

12 Mar 2020
By Dana MantiniDTN Senior Analyst The March World Agricultural Supply and Demand Estimates (WASDE) report, as expected, had zero changes in U.S. ending stocks, while world numbers provided little market-moving news. Perhaps the most notable changes were a 1 million metric ton (mmt) increase in both Argentine and Brazilian soybean production, furthe...
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