Entries for May 2019
RECENT NEWS
6 May 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 6 Exchange rate was 1.3427 up 0.0011 Chicago soybeans closed slightly lower. JUL19 HI 8.34 NOV19 HI 8.55 3/4 LOW 8.16 3/4 LOW 8.39 3/4 CLOSE8.30 1/4 Down 12 CLOSE 8.53 Down 11 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low...
6 May 2019
DTN Closing Grain Comments 05/06 13:54 Tweets Inspire Broad Commodity Sell-Off Sunday's presidential tweets threatened more tariffs against Chinese goods and resulted in a broad swath of selling among U.S. stocks and commodities. By the close, July soybeans negotiated a 12-cent loss and June hogs were down their maximum daily limit of $3.00, both o...
6 May 2019
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- In March 2017, Australian real estate mogul Tim Gurner advised millennials to quit wasting money on expensive avocado toast and coffee if they struggle to buy their first homes. The avocado market suddenly surged and continues to thrive. In the food business, consumer preferences and demand can change...
6 May 2019
By Jerry HagstromDTN Political Correspondent WASHINGTON (DTN) -- The Purdue University area in Indiana, the greater Kansas City region and the Research Triangle area of North Carolina are at the top of the Trump administration's short list of places to move most of the employees of the Agriculture Department's Economic Research Service and the Nati...
6 May 2019
DTN Midday Livestock Comments 05/06 12:17 Livestock Under Pressure Cattle continue under pressure with triple-digit losses in feeder cattle while live cattle show double-digit declines in June while later contracts also show triple-digit losses. Spill-over selling from hogs is putting on the pressures as well as continued fund liquidation. Hogs hav...