Entries for May 2023
RECENT NEWS
1 May 2023
FARM MARKET NEWS - CORN REPORT FOR Mon, May 1 Exchange rate was 1.3534 up 0.0010 Chicago corn closed slightly lower. JUL23 HI 5.87 1/2 DEC23 HI 5.29 3/4 LOW 5.77 1/2 LOW 5.20 CLOSE5.84 1/2 Down 1/2 CLOSE 5.25 1/4 Down 2 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 L...
1 May 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 1 Exchange rate was 1.3534 up 0.0010 Chicago soybeans closed slightly higher. JUL23 HI 14.29 1/4 NOV23 HI 12.75 3/4 LOW 14.13 LOW 12.58 1/2 CLOSE14.27 1/2 Up 8 1/4 CLOSE 12.75 Up 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL...
1 May 2023
DTN Closing Grain Comments 05/01 14:04 Wheat Prices Extend Bearish Trends in May, While Soybeans Find Support July contracts of all three U.S. wheats posted double-digit losses Monday, starting a new month with the same old bearish influences. November soybeans closed up 11 1/2 cents, helped by better prospects for corn planting with this week's wa...
1 May 2023
MANHATTAN, Kan. (DTN) -- Visiting with agricultural producers and touring research sites in Kansas on April 28, Sen. John Boozman, ranking member of the Senate Agriculture Committee, agreed that it's going to be complicated for Congress to pass a $1.5 trillion farm bill when Republican colleagues in the House just passed a debt bill meant to cut sp...
1 May 2023
DTN Midday Livestock Comments 05/01 11:35 Hesitancy Dominates the Livestock Complex Midday Monday The livestock complex is trading extremely cautiously as traders want to know what the market's fundamental are going to do this week before trading the contracts too much. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex is...