Entries for March 2020
RECENT NEWS
5 Mar 2020
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 5 Exchange rate was 1.343 up 0.0031 Chicago soybeans closed slightly lower. MAY20 HI 9.12 1/2 NOV20 HI 9.22 LOW 8.94 3/4 LOW 9.06 3/4 CLOSE8.97 Down 10 1/4 CLOSE 9.08 1/2 Down 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+MAY2+JUL20 CK Low...
5 Mar 2020
(Washington, D.C., March 5, 2020) – In light of President Trump’s historic economic expansion - with a 3.6% unemployment rate and 6.4 million job openings across the nation - U.S. Secretary of Agriculture Sonny Perdue announced a proposed rule that will strengthen the way states serve SNAP recipients through Employment and Training.
5 Mar 2020
DTN Closing Grain Comments 03/05 13:59 Row Crops Fall Back, Most Commodities Lower May contracts of corn, soybeans and two of the three U.S. wheats were lower as off-and-on coronavirus concerns were back on Thursday, also dragging the stock market lower. May Chicago wheat showed the only gain in the grain sector, ending up 1/2 cent.
5 Mar 2020
By Chris ClaytonDTN Ag Policy Editor CHARLOTTE, N.C. (DTN) -- Leaders of the National Council of Farmer Cooperatives are optimistic IRS officials will adjust Section 199A(g) tax breaks after testimony this week from Treasury Secretary Steve Mnuchin. Farmer cooperatives have been trying for more than two years to reestablish a tax deduction comparab...
5 Mar 2020
By ShayLe StewartDTN Livestock Analyst The last two months have been especially tough on the cattle market. The markets suffered financially, but traders and cattlemen also suffered mentally as they expect so much prosperity out of the market in the first quarter. If losses were $5, they felt like $10 losses because most cattlemen expected $5 gains...