Entries for March 2020
RECENT NEWS
3 Mar 2020
By Mary KennedyDTN Cash Grains Analyst Agricultural shippers, including Specialty Soya and Grains Alliance (SSGA) exporters, are feeling the pinch at overseas destinations and here in the U.S. due to the effects of the coronavirus outbreak, according to Bruce Abbe, SSGA strategic adviser for trade and transportation. Abbe said exporters of soybean...
3 Mar 2020
By Katie DehlingerDTN Farm Business Editor MOUNT JULIET, Tenn. (DTN) -- Spring crop insurance guarantees for corn and soybeans are the lowest since 2016, which means farmers will have less protection against lower prices in their revenue policies in 2020. At $3.88 per bushel for corn and $9.17 per bushel for soybeans, the guarantees are down 12 ce...
3 Mar 2020
By Chris ClaytonDTN Ag Policy Editor SAVANNAH, Ga. (DTN) -- Agriculture Secretary Sonny Perdue took time after a speech at the National Farmers Union annual meeting here on Monday to better understand the volume of growth in new produce imports at the Port of Savannah. The Port of Savannah has seen an explosion of produce imports from Central and ...
3 Mar 2020
DTN Closing Grain Comments 03/03 14:08 Grains Finish Higher; Fed Cuts Interest Rate May contracts of corn, soybeans and all three U.S. wheats were modestly higher Tuesday, continuing to recover from coronavirus-related selling. The March U.S. dollar index is trading lower after the Federal Reserve lowered the federal funds rate target by a half-per...
3 Mar 2020
By Chris ClaytonDTN Ag Policy Editor SAVANNAH, Georgia (DTN) -- Delegates at the National Farmers Union annual meeting voted overwhelmingly Monday for Rob Larew to take over as the organization's new president. Larew was elected to a two-year term replacing Roger Johnson who officially retired as NFU president at the annual meeting after leading th...