Entries for April 2021
RECENT NEWS
27 Apr 2021
LINCOLN, Neb. (DTN) -- The future of the small-refinery exemptions program likely will come down to the meaning of the word "extension" in the Renewable Fuel Standard. During oral arguments Tuesday, justices on the U.S. Supreme Court quizzed attorneys for the federal government, biofuels groups and refiners on how they interpret the word. Refining ...
27 Apr 2021
DTN Closing Grain Comments 04/27 16:24 Volatile Day Sees Spot Corn, Beans Breach Major Upside Levels, Then Reverse Course Tuesday's crazy trade day saw spot corn reach the expanded 40-cent limit over $7 and spot beans eclipse $16 before setting back dramatically; the most-active July corn and soybean contracts closed lower. Soybeans broke above $16...
27 Apr 2021
FARM MARKET NEWS - CORN REPORT FOR Tue, April 27 Exchange rate was 1.2406 down 0.0002 Chicago corn closed slightly to moderately lower. JUL21 HI 6.84 DEC21 HI 5.93 LOW 6.46 LOW 5.52 1/4 CLOSE6.54 1/2 Down 3 CLOSE 5.62 1/4 Down 6 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+SEP21...
27 Apr 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, April 27 Exchange rate was 1.2406 down 0.0002 Chicago soybeans closed slightly to moderately lower. MAY21 HI 16.08 3/4 NOV21 HI 13.84 3/4 LOW 15.48 LOW 13.40 CLOSE15.49 3/4 Down 19 1/4 CLOSE 13.42 1/2 Down 19 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELE...
27 Apr 2021
DTN Midday Livestock Comments 04/27 11:47 Gust of Support Sends Cattle Higher Amid Rally Corn Monday's trade wasn't favorable for cattle futures. But on Tuesday, traders have had a change of heart and are ready to see cattle move higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The market doesn't like surprises; if higher prices come ...