3 Feb 2025
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 3 Exchange rate was 1.4532 up 0.0044 Chicago soybeans closed slightly to moderately higher. MAR25 HI 10.60 1/4 NOV25 HI 10.64 LOW 10.31 3/4 LOW 10.42 CLOSE10.58 1/4 Up 16 1/4 CLOSE 10.63 1/4 Up 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVAT...
3 Feb 2025
DTN Closing Grain Comments 02/03 14:06 Row Crop Markets Finish Higher in Volatile Start to February Trade Row crop markets were extremely volatile following a weekend worth of tariff speculation, which continues to be an ongoing development. The 25% tariff on Mexico, which was set to go into effect Tuesday, has already been postponed one month foll...
3 Feb 2025
DTN Midday Livestock Comments 02/03 11:46 Traders Try to Wrap Their Heads Around the Market With Little Success Monday Morning It's been a trying morning for the livestock complex as all three of the markets are trading lower thanks to some technical uncertainty surrounding tariffs and the Mexican feeder cattle imports resuming. ShayLe Stewart DTN ...
3 Feb 2025
DTN Midday Grain Comments 02/03 10:53 Corn, Soybean, Wheat Futures Higher at Midday Corn futures are 7 to 8 cents higher at midday Monday; soybean futures are 14 to 15 cents higher; wheat futures are 7 to 12 cents higher. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 7 to 8 cents higher at midday Monday; soybean futures a...
3 Feb 2025
CME Group has announced it will launch a suite of micro grain and oilseed futures contracts on Feb. 24, 2025, pending regulatory review, according to a news release from Jan. 3. These contracts will be cash-settled and one-tenth the size of the company's legacy corn, wheat, soybean, soybean oil and soybean meal futures. "Our benchmark grain and oil...
3 Feb 2025
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/03/25 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
3 Feb 2025
DTN Early Word Livestock Comments 02/03 06:38 Bullish Cattle Inventory Report To Provide Further Support Cattle futures were able to hold into the close Friday. The cash market was up strong during the week, which provided support into the weekend. Hogs struggled, moving through the close of the week. There is some question over the level of demand...
3 Feb 2025
GRAIN BELT WX ROUNDUP Ohio Morning Temperature And Precipitation Summary National Weather Service Cleveland OH 714 AM EST Mon Feb 3 2025 Values represent highs yesterday and lows over the last 12 hours and precipitation over the last 24 hours ending at 7 AM EST/8 AM EDT. M = Missing Data T = Trace .BR CLE 0203 ES DH00/TAIRZX/DH07/TAIRZP/PPDRZZ/SFDR...
3 Feb 2025
DTN Early Word Grains 02/03 05:50 Grain Markets Lower After President Trump Places 25% Tariffs on Canada, Mexico; 10% on China March corn is down 7 cents per bushel, March soybeans are down 7 cents, March KC wheat is down 5 1/2 cents, March Chicago wheat is down 5 1/2 cents and March Minneapolis wheat is down 1 cent. Kent Beadle, DTN Contributing A...
3 Feb 2025
USDA Daily Market Rates 02/03 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: February 03, 2025 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 no...