15 May 2023
USDA Daily Market Rates 05/15 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: May 15, 2023 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not be ...
15 May 2023
DTN Early Word Livestock Comments 05/15 06:21 Traders to Begin Week With Caution Cattle put in a strong close with feeder cattle leading the way. The bearish reaction of corn to the WASDE report was much of the catalyst to trigger reactive buying interest. Hogs struggled much of Friday, closing mixed as the market digested the Prop 12 decision and ...
15 May 2023
DTN Early Word Grains 05/15 05:36 Wheat Pushes Higher as Poor Crop Conditions Get Attention December corn is down 2 cents, November soybeans are up 5 cents and July KC wheat is up 23 cents. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: December corn is down 2 cents, November soybeans are up 5 cents and July KC wheat is up 23 cents...
12 May 2023
STEAMBOAT SPRINGS, Colo. (DTN) -- The rain finally came, washing across the state of Kansas early this week, more than 2 inches in spots from Wichita to Manhattan and more than 3 in at least one spot to the west, Larned. There were even flood warnings in the northwest corner of the state, something few farmers in the area could complain about in wh...
12 May 2023
DTN Chart Technical Points 05/12 16:30 DTN FUTURES 10 5/12/23 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT MAY 624.50 624.38 626.53 633.21 666.08 43.54 41.93 40.61 16 39 28 32 CBTWT JUL 635.00 636.75 639.47 646.35 677.88 41.98 40.99 40.30 18 38 32 3...
12 May 2023
DTN Closing Livestock Comment 05/12 15:24 Higher Tones Creep into the Livestock Complex Ahead of Closing Throughout Friday's afternoon the livestock complex grew stronger and ultimately closed mostly higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: By Friday's end, the livestock complex had turned mostly higher allowing all three of t...
12 May 2023
FARM MARKET NEWS - CORN REPORT FOR Fri, May 12 Exchange rate was 1.3555 up 0.0078 Chicago corn closed mixed. JUL23 HI 5.93 3/4 DEC23 HI 5.19 1/4 LOW 5.72 3/4 LOW 5.04 CLOSE5.86 1/4 Up 4 CLOSE 5.08 3/4 Down 5 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 CK Low 0.95 6.81 268...
12 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 12 Exchange rate was 1.3555 up 0.0078 Chicago soybeans closed slightly to moderately lower. JUL23 HI 14.16 3/4 NOV23 HI 12.52 3/4 LOW 13.88 1/2 LOW 12.21 3/4 CLOSE13.90 Down 15 1/2 CLOSE 12.23 3/4 Down 24 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELE...
12 May 2023
JEFFERSON CITY, Mo. (DTN) -- After an April characterized by below-normal temperatures and rainfall for large portions of North America, nearly all members of the DTN Farmer Advisory Group had made it into the field with their planters by the first week of May. The panel of roughly two dozen farmers, agronomists and ranchers, who report on crop con...
12 May 2023
Jackson, Mississippi, May 12, 2023 – Today, Agriculture Secretary Tom Vilsack held a stakeholder conversation in Jackson, Mississippi to highlight the U.S. Department of Agriculture’s (USDA) new Delta Regional Food Business Center and discuss public and private partnerships to strengthen food supply chain infrastructure in the Delta region.