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Entries for May 2023

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 30

30 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 30 Exchange rate was 1.3597 up 0.0017 Chicago soybeans closed moderately lower to lower. AUG23 HI 12.61 1/4 NOV23 HI 11.91 1/2 LOW 12.16 1/2 LOW 11.51 CLOSE12.19 1/2 Down 41 1/2 CLOSE 11.53 1/4 Down 36 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVAT...

DTN Closing Grain Comments 05/30 13:51

30 May 2023
DTN Closing Grain Comments 05/30 13:51 Back From Three-Day Weekend, Crop Prices End Sharply Lower Except for rain in the western Plains, most crop areas stayed warm and dry over the weekend, favorable for planting progress. New-crop contracts of corn, soybeans and all three U.S. wheats suffered big losses Tuesday with scattered chances for rain thi...

Second Man Pleads Guilty in Crops Fraud

30 May 2023
LINCOLN, Neb. (DTN) -- A second Minnesota man involved in an alleged organic crops conspiracy has pleaded guilty to making a false statement and could spend up to 14 months in jail, according to a plea agreement filed in the U.S. District Court for the District of Minnesota. In addition, Adam Clifford Olson, owner and operator of Olson Seed LLC in ...

DTN Midday Livestock Comments 05/30 11:34

30 May 2023
DTN Midday Livestock Comments 05/30 11:34 Cheaper Corn Sends Livestock Rallying The onset of cheaper corn prices has helped spark the interest of traders in the livestock complex. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's a jolting day for the livestock complex as all three of the livestock markets are rallying thanks to the decli...

DTN Midday Grain Comments 05/30 10:53

30 May 2023
DTN Midday Grain Comments 05/30 10:53 Corn, Soybean, Wheat Futures Lower at Midday Corn futures are 8 to 14 cents lower at midday Tuesday; soybean futures are 26 to 32 cents lower; wheat futures are 20 to 33 cents lower. David M. Fiala DTN Contributing Analyst MARKET SUMMARY: Corn futures are 8 to 14 cents lower at midday Tuesday; soybean futures a...
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