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9 Jun 2017
By Darin NewsomDTN Senior Analyst Like a standard deck of cards, DTN's June USDA report preview table spans 52 lines on an Excel worksheet. The key to market reaction to the report could be any one of the items on those lines. USDA will release its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports at 11 a.m. ...
8 Jun 2017
By Russ QuinnDTN Staff Reporter OMAHA (DTN) -- As in recent weeks, retail fertilizer prices continued steady during the last week of May 2017, according to retailers surveyed by DTN. Of the eight major fertilizers, half were just slightly higher compared to a month earlier. These were DAP, MAP, potash, and UAN28. DAP had an average price of $436/to...
8 Jun 2017
By Jerry HagstromDTN Political Correspondent WASHINGTON (DTN) -- The Commerce Department's announcement of details of an "agreement in principle" to settle the U.S.-Mexican sugar dispute on Tuesday drew a mixed reaction from U.S. agriculture and sweetener industry groups. U.S. beet growers were less satisfied with the deal than U.S. cane refiners a...
8 Jun 2017
By Elaine KubDTN Contributing Analyst "So it's decided. We'll all cut back our production -- all of us! And then we'll announce it to the press, and prices will go up. But it's only going to work if every single producer of this commodity here at this meeting sticks to the plan. Got it?" The other members of the cartel nodded in grim determination....
7 Jun 2017
By Todd HultmanDTN Analyst It is no surprise by now that soybean prices are off to a bearish start in 2017, and the reasons are not difficult to understand. A record U.S. harvest last fall of 4.3 billion bushels was followed by a record Brazilian harvest this year of 4.1 bb (111.6 million metric tons) and is expected to be followed by record U.S. s...