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10 May 2018
By Russ QuinnDTN Staff Reporter OMAHA (DTN) -- Average retail prices for the majority of fertilizers continued to move slightly higher at the beginning of May 2018. But, in the last two weeks, prices for multiple fertilizers were lower, according to retailers surveyed by DTN. Two of the eight major fertilizers, MAP and urea, were slightly lower co...
10 May 2018
By Darin NewsomDTN Senior Analyst As I look at the range of guesses ahead of USDA's May set of guesses, the most interesting aspect is how large the difference is between most highs and lows. Understandably, it's those ranges associated with USDA's 2018 production and 2018-19 ending stocks that are the widest. How could it be otherwise, though? We ...
9 May 2018
By Elaine KubDTN Contributing Analyst Which country produces the second-largest corn crop in the world? No, it's not Brazil, although the recent corn futures rally has been a good reminder of Brazil's importance. Concern about dry weather for the pollinating and developing safrinha corn crop in Brazil justifiably influences the outlook for global c...
9 May 2018
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- The White House is ready to allow year-round E15 fuel sales and plans to reallocate ethanol gallons lost as a result of small refinery waivers granted by EPA in recent years, Sen. Charles Grassley, R-Iowa, announced following a closed-door White House meeting on Tuesday. E15 fuel is a blend of 15% e...
9 May 2018
By Todd HultmanDTN Analyst Just over four months into 2018 and we have already seen one bullish surprise for corn as drought hit Argentina and took USDA's estimate of Argentina's corn crop down, from 1.65 billion bushels (bb) in December to 1.30 bb by April, a 20% drop from a year ago. The drought gave U.S. producers a welcome lift in the price of...