Entries for May 2019
RECENT NEWS
9 May 2019
DTN Closing Grain Comments 05/09 13:52 U.S. Crop Prices Plummet as Tariff Deadline Nears Thursday's trade saw big losses in corn, soybeans, wheat and cotton as the U.S. government is set to increase tariffs on Chinese goods at 12:01 a.m. EDT. All other market concerns took a distant second place to the growing realization that the trade dispute wit...
9 May 2019
By Elaine KubDTN Contributing Analyst I don't spend a lot of time thinking about ocean shipping details; every once in a while, I'll check the Baltic Dry Index (BDI) to make sure freight prices aren't high enough to drive up the delivered cost of U.S. grain to export customers, but lately this benchmark for bulk shipping rates has remained relati...
9 May 2019
WASHINGTON, May 9, 2019 – May 5 to May 11, 2019, is National Hurricane Preparedness Week, and the U.S. Department of Agriculture (USDA) reminds rural communities, farmers and ranchers, families and small businesses of assistance we can provide should they be impacted by severe weather this hurricane season. The 2019 Atlantic hurricane season begins...
9 May 2019
Cotton AWP/LDP 05/09 13:02 Next week's LDP (POP) rate will be based on this week's five day average AWP, plus or minus any change in the adjustment factor or any use of the Secretary's discretionary authority. The following table shows how this week's "A" index prices may affect next week's Marketing Loan Gain. Crnt Forwrd Trans Count Count 5 Low 5...
9 May 2019
DTN Midday Livestock Comments 05/09 11:36 Livestock Losses Continue Thursday Traders continued to ratchet prices lower in cattle and hog futures following bearish expectations concerning a trade deal as new tariffs will go into place early Friday. By Rick Kment DTN Analyst General Comments Active market pressure redeveloped Thursday morning with tr...