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5 Mar 2018
By Todd HultmanDTN Analyst It is only the second day of March 2018 and already corn prices have had a lot to talk about. FOB corn prices, in particular, have been trending higher since December both in Brazil and New Orleans with help from ongoing concerns of drought in Argentina. Just this week, FOB corn prices in Brazil and New Orleans jumped 23...
5 Mar 2018
By Mary KennedyDTN Basis Analyst OMAHA (DTN) -- The average distillers dried grain (DDG) spot price from the 39 locations where DTN collected bids was $151 for the week ended March 1, up 3 cents on average versus a week ago. Based on the average of bids collected by DTN, the value of DDG relative to corn for the week ended March 1 was at 111.63%, a...
5 Mar 2018
By Mary KennedyDTN Basis Analyst OMAHA (DTN) -- The average distillers dried grain (DDG) spot price from the 39 locations where DTN collected bids was $151 for the week ended March 1, up 3 cents on average versus a week ago. Based on the average of bids collected by DTN, the value of DDG relative to corn for the week ended March 1 was at 111.63%, a...
5 Mar 2018
By Russ QuinnDTN Staff Reporter OMAHA (DTN) -- Hay prices across the Midwest are considerably higher compared to last year at the same time and could climb even higher in the next couple months. Several factors, including lower yields during last year's growing season and higher demand this winter, are behind the rising prices, experts say. Prices...
2 Mar 2018
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- In a so-called grand bargain -- ethanol receives year-round E15 sales in exchange for a cap on the price of biofuel credits at 10 cents -- ethanol, biodiesel and other advanced biofuels would likely lose market gains, a new analysis shows. Scott Irwin, an agriculture economist at the University of Ill...