Entries for May 2023
RECENT NEWS
2 May 2023
FARM MARKET NEWS - CORN REPORT FOR Tue, May 2 Exchange rate was 1.3613 up 0.0079 Chicago corn closed slightly lower. JUL23 HI 5.90 1/2 DEC23 HI 5.30 1/4 LOW 5.78 1/4 LOW 5.18 CLOSE5.80 Down 4 1/2 CLOSE 5.19 3/4 Down 5 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 CK Low...
2 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 2 Exchange rate was 1.3613 up 0.0079 Chicago soybeans closed slightly to moderately lower. JUL23 HI 14.40 NOV23 HI 12.84 LOW 14.08 LOW 12.65 CLOSE14.10 3/4 Down 16 3/4 CLOSE 12.67 1/4 Down 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+...
2 May 2023
DTN Closing Grain Comments 05/02 13:55 US Stocks, Crude Oil Prices Tank One Day Ahead of Fed Decision Tuesday's commodity board was mostly red with traders engaging in risk-off selling ahead of Wednesday's decision by the Federal Reserve on interest rates. The outside influence also held down Tuesday's crop prices with lower closes seen in July con...
2 May 2023
DTN Midday Livestock Comments 05/02 11:25 Light Livestock Trade Begins to Develop in the South The thin movement of cattle traded in the South Tuesday morning has the cattle complex on edge heading into Tuesday's noon hour. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts are trading lower as traders react to the onset of...
2 May 2023
May 2, 2023 Portland Price Trends 05-01-22 08-01-22 04-01-23 04-25-23 05-02-23 #1 SWW (bu) 11.10 9.00 7.65 7.15 7.15 White Club 11.60 9.00 7.65 7.15 7.15 DNS 14% 12.08 10.08 9.77 9.19 8.72 HRW 11.5% 12.48 10.00 10.05 9.24 8.68 #2 Corn (ton) 347.00 279.00 289.00 272.00 270.00 #2 Barley 275.00 235.00 240.00 240.00 220.00 Wheat...West coast wheat mark...