Grain News
RECENT NEWS
17 Oct 2024
USDA Daily Market Rates 10/17 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 17, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may not...
17 Oct 2024
DTN Early Word Grains 10/17 05:48 Grain Markets Lower on Poor Technical Outlook, Brazilian Rainfall, Harvest Pressure December corn is down 2 1/4 cents per bushel, November soybeans are down 8 1/4 cents, December KC wheat is down 2 3/4 cents, December Chicago wheat is down 3 3/4 cents and December Minneapolis wheat is up 1 3/4 cents. Kent Beadle, D...
16 Oct 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, October 16 Exchange rate was 1.3738 down 0.0033 Chicago corn closed slightly higher. DEC24 HI 4.06 3/4 DEC25 HI 4.40 LOW 4.01 LOW 4.36 1/4 CLOSE4.04 3/4 Up 3 1/2 CLOSE 4.38 1/2 Up 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC24+MAR25+MAR25 CK...
16 Oct 2024
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 16 Exchange rate was 1.3738 down 0.0033 Chicago soybeans closed slightly lower. NOV24 HI 10.01 1/2 NOV25 HI 10.41 3/4 LOW 9.78 1/4 LOW 10.27 1/2 CLOSE9.80 Down 11 CLOSE 10.29 1/4 Down 6 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV24+J...
16 Oct 2024
DTN Closing Grain Comments 10/16 13:46 Grain Mixed as Market Attempts to Catch Itself Grain markets had mixed results Wednesday as it appears the short-term oversold conditions of the market had traders covering some of their shorts. Overall, it was a quiet midweek session and there remains little in the way of bullish fundamental news to prop up p...