Growers

FARM MARKET NEWS - CORN REPORT FOR Fri, January 17

17 Jan 2020
FARM MARKET NEWS - CORN REPORT FOR Fri, January 17 Exchange rate was 1.3067 up 0.0018 Chicago corn closed higher. MAR20 HI 3.89 1/2 DEC20 HI 4.03 LOW 3.76 3/4 LOW 3.95 1/2 CLOSE3.89 1/4 Up 13 3/4 CLOSE 4.02 3/4 Up 8 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR20+MAY20+MAY20 CK Low 1...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 17

17 Jan 2020
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 17 Exchange rate was 1.3067 up 0.0018 Chicago soybeans closed slightly higher. MAR20 HI 9.33 1/2 NOV20 HI 9.64 LOW 9.20 LOW 9.53 1/2 CLOSE9.29 3/4 Up 5 3/4 CLOSE 9.60 1/2 Up 4 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR2+MAR2+MAY20 CK...

Todd's Take

17 Jan 2020
By Todd HultmanDTN Lead Analyst As often accompanies political events like the signing ceremony for the phase-one trade agreement with China on Wednesday, Jan. 15, there was a lot of self-congratulating and verbal high fives in the room. Various officials thanked each other for putting together such a fine document -- a win-win for both sides. I...

DTN Closing Grain Comments 01/17 13:54

17 Jan 2020
DTN Closing Grain Comments 01/17 13:54 Corn Rebounds as Export Hints Surface One day after falling 12 cents, March corn jumped 13 3/4 cents, helped by signs of increased export interest for corn. Soybeans and wheat followed corn's lead with March KC wheat sporting a 9 1/2 cent gain.

Guardedly Optimistic on 2020

17 Jan 2020
By Chris ClaytonDTN Ag Policy Editor DES MOINES (DTN) -- Offering some insights into the economic situation of Midwest agricultural loan customers, Farm Credit Services is guardedly optimistic looking at the agricultural economy for 2020. Jim Knuth, senior vice president of Farm Credit Services of America, highlighted some of the rationale for opt...

Senate Passes USMCA

17 Jan 2020
By Chris ClaytonDTN Ag Policy Editor OMAHA (DTN) -- The U.S. Senate on Thursday voted 89-10 for final passage of the United States-Mexico-Canada Agreement (USMCA), sending the trade agreement to President Donald Trump to sign into law. Much as the House did in December, the Senate provided strong bipartisan support for the trade pact even in the m...

USDA Announces School and Summer Meals Reforms

17 Jan 2020
(San Antonio, TX, January 17, 2020) – Delivering on his promise to act on feedback from dietary professionals, U.S. Secretary of Agriculture Sonny Perdue announced two proposals today that will put local school and summer food service operators back in the driver’s seat of their programs, because they know their children best. Under the school meal...

DTN Midday Livestock Comments 01/17 12:12

17 Jan 2020
DTN Midday Livestock Comments 01/17 12:12 Finding Some Common Ground Finding some steady ground, livestock contracts trade lower but only in a subtle nature. It appears the emotional shake of Wednesday's trade agreement is starting to subside, and trade is finding comfort at slightly lower, steady sideways prices. It wouldn't be unlikely to see the...

DTN Midday Grain Comments 01/17 11:01

17 Jan 2020
DTN Midday Grain Comments 01/17 11:01 Grains Trending Higher at Midday The U.S. stock market is firmer with the Dow up 30. The dollar index is 30 points higher. Interest rate products are mixed. Energies are flat. Livestock trade is mixed. Precious metals are mostly higher with gold 6.30 higher. By David Fiala DTN Contributing Analyst General Comme...

USDA Invests $5.7 Million in Broadband for Rural Nebraska Communities

17 Jan 2020
WASHINGTON, D.C., Jan. 17, 2020 – Today, U.S. Department of Agriculture (USDA) Marketing and Regulatory Programs Under Secretary Greg Ibach announced that USDA has invested $5.7 million in a high-speed broadband infrastructure project that will create or improve rural e-Connectivity in parts of three Nebraska counties. The investment is expected to...
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