Growers

USDA Applauds Mexico’s Action Towards Resolving USMCA Dispute on GE Corn

6 Feb 2025
Washington, D.C., Feb. 6, 2025 — The U.S. Department of Agriculture (USDA) today released the following statement commending Mexico’s action to declare ineffective measures concerning genetically engineered (GE) corn that the United States successfully challenged in the USMCA dispute. Today’s action safeguards approximately $5.6 billion in U.S. cor...

Portland Grain Review 02/06

6 Feb 2025
February 6, 2025 Portland Price Trends 01-01-24 08-01-24 01-01-25 01-30-25 02-06-25 #1 SWW (bus) 6.65 5.65 5.90 6.05 6.10 White Club 7.15 5.65 6.05 6.20 6.25 DNS 14% 8.03 6.58 6.71 6.91 7.03 HRW 11.5% 6.97 6.04 6.33 6.51 6.62 #2 Corn (ton) 232.00 199.00 224.00 228.00 227.00 #2 Barley 180.00 150.00 150.00 150.00 150.00 Wheat...West coast wheat bids ...

DTN Chart Technical Points 02/06 16:30

6 Feb 2025
DTN Chart Technical Points 02/06 16:30 DTN FUTURES 10 2/06/25 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 MAR 587.75 575.94 563.67 555.46 549.51 70.70 65.85 57.73 85 83 87 81 CBTWT MAY 598.75 587.63 576.25 568.08 560.79 70.69 65.90 57.77 86 83 88 8...

DTN Closing Livestock Comment 02/06 15:59

6 Feb 2025
DTN Closing Livestock Comment 02/06 15:59 Cattle Futures Plummet Lower Thursday Despite the midweek price bounce, traders took a bearish approach to cattle markets Thursday. Triple-digit losses held in all cattle contracts as traders remain concerned about follow-through pressure in the coming days. Rick Kment DTN Analyst GENERAL COMMENTS: Feeder c...

FARM MARKET NEWS - CORN REPORT FOR Thu, February 6

6 Feb 2025
FARM MARKET NEWS - CORN REPORT FOR Thu, February 6 Exchange rate was 1.4293 up 0.0007 Chicago corn closed slightly higher. MAR25 HI 4.96 1/2 DEC25 HI 4.70 LOW 4.86 LOW 4.64 3/4 CLOSE4.95 1/4 Up 2 CLOSE 4.69 3/4 Up 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY25+MAY25+JUL25 CK Low 1...

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 6

6 Feb 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 6 Exchange rate was 1.4293 up 0.0007 Chicago soybeans closed steady to slightly higher. MAR25 HI 10.66 1/2 NOV25 HI 10.71 1/2 LOW 10.49 3/4 LOW 10.56 1/2 CLOSE10.60 1/2 Up 3 1/2 CLOSE 10.66 Up 3 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATOR...

Mexico Lifts Biotech Corn Ban on US

6 Feb 2025
LINCOLN, Neb. (DTN) -- The Mexican government on Thursday repealed its ban on genetically modified corn imports from the U.S. after losing an arbitration ruling under the U.S.-Mexico-Canada Agreement, or USMCA, in December 2024. Mexico declared "ineffective" two sets of measures that the U.S. Trade Representative successfully challenged in the USMC...

DTN Closing Grain Comments 02/06 14:00

6 Feb 2025
DTN Closing Grain Comments 02/06 14:00 Wheat Markets Push Higher Thursday; Corn, Soy Markets Quiet Grain markets took a breather for the most part on Thursday with the exception of wheat futures which were able to push higher without the negative influence from the soybean complex that held that market in check Wednesday. Overall, it feels like tra...

USDA: Farm Incomes Up in 2025

6 Feb 2025
MT. JULIET, Tenn. (DTN) -- USDA forecasts climbing farm income in 2025, but it's due to a dramatic increase in government payments, not better prices or a higher volume of sales. Net farm income, which is a comprehensive measure of farm profitability, is forecast at $180.1 billion, an increase of $41 billion, or 29.5%, from 2024. Net cash farm inco...

DTN Midday Livestock Comments 02/06 11:58

6 Feb 2025
DTN Midday Livestock Comments 02/06 11:58 Feeder Cattle Futures Tumble Lower Thursday Morning Active triple-digit losses developed across cattle futures Thursday morning as markets have continued to yo-yo through the week. Although the ability to bring some stability into the market midweek, this was not enough to solidify buyer support. Rick Kment...
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