Market Matters Blog

DTN's weekly average spot price for domestic distillers dried grains is higher versus one week ago.

Shipping season will end on the Great Lakes for the winter as the last of the Soo Locks close on Jan. 15.

DTN's weekly average spot price for domestic distillers dried grains is steady versus two weeks ago.

The Bulk Carrier Vessel Federal Biscay left Duluth Saturday evening, becoming the last oceangoing departure of the 2024 Duluth-Superior navigation season.

U.S. farmers harvested a near-record crop in 2024 even after a wet spring in some areas stalled planting.

Money managers seem reluctant to abandon their heavily net-short canola position, according to recent data from the Commodity Futures Trading Commission.

The last tow leaving St. Paul, Minnesota, on Dec. 1 put an end to the 2024 shipping season on the far Upper Mississippi River. In the meantime, levels on the Lower Mississippi River are falling again.

DTN's weekly average spot price for domestic distillers dried grains is higher versus two weeks ago.

A final canola production estimate from Statistics Canada of 17.845 mmt should put the unsustainable pace of canola exports and domestic use back into focus. Other crops have increased breathing room.

Just as renewed contract talks began between International Longshoremen's Association and United States Maritime Alliance, they quickly ended as automation once again became a sticking point with the union.

Soybean oil with export commitments in the first month of the marketing year totaling 86% of the annual projection certainly justifies further investigation, especially given the implications for canola.

DTN's weekly average spot price for domestic distillers dried grains is higher versus one week ago.

The Longshore Workers Union (ILWU 514) issued a 72-hour strike notice to the British Columbia Maritime Employers Association (BCMEA) on Nov. 4; the BCMEA then issued a lock out of workers that same day.

According to the North Dakota Wheat Commission 2024 crop quality reports for durum and spring wheat, both crops overall graded number one, with proteins lower than average for spring wheat and higher for durum.

DTN's weekly average spot price for domestic distillers dried grains is higher versus one week ago.

CME announced the resetting of price limits for grain and oilseed futures as of Nov. 1, 2024; its variable price-limit mechanism enacted in March 2014, resets price limits every six months in each of the CBOT grain and oilseed contracts.

The Mississippi River at Memphis and other spots in the Lower Mississippi River continue to fall without much long-term relief in sight.

U.S. Wheat Associates recently published a first look at results of the U.S. 2024 soft red and hard red winter wheat crops, noting that both crops overall were good quality for bakers and exporters.

Hurricane Helene provided some relief to the Lower Mississippi River, but with the return of dry conditions, water levels are expected to drop.

DTN's weekly average spot price for domestic distillers dried grains is higher versus one week ago.