Entries for May 2019
RECENT NEWS
7 May 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 7 Exchange rate was 1.3472 up 0.0045 Chicago soybeans closed narrowly mixed. JUL19 HI 8.36 1/4 NOV19 HI 8.58 LOW 8.27 LOW 8.50 CLOSE8.30 3/4 Up 1/2 CLOSE 8.53 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low 1.90 10.21...
7 May 2019
By Mary KennedyDTN Cash Grains Analyst At midnight, May 2, the Mississippi River in St. Louis, Missouri, was closed as levels rose to 38 feet, close to major flood stage of 40 feet. The closure by the U.S. Coast Guard effectively has stopped all traffic from mile marker 179 to 184. The Coast Guard said it would lift the restrictions "as soon as c...
7 May 2019
DTN Closing Grain Comments 05/07 13:52 Grains Mostly Higher Despite Pending Tariff Threat July corn closed up 2 1/4 cents and July Minneapolis wheat was up 7 1/2 cents, both getting some support from their planting difficulties. July soybeans ended up 1/2 cent in quiet trade with a threat of new tariffs coming against Chinese goods.
7 May 2019
By Anthony GrederDTN Managing Editor OMAHA (DTN) -- U.S. corn, soybean and spring wheat planting fell further behind their average paces last week as wet, cool conditions persisted in parts of the Midwest and Upper Midwest, according to USDA NASS' weekly Crop Progress report on Monday. As of Sunday, an estimated 23% of the nation's corn was planted...
7 May 2019
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- A biofuels interest group last month asked a federal court to stop EPA from granting additional small refinery waivers, and on Monday, the EPA filed a motion in an ongoing court case to fight the request tooth and nail. One year ago, the Advanced Biofuels Association petitioned the U.S. Court of Appea...