Cash Market Moves

It has been a challenging fall for many farmers who are experiencing a late harvest with the added headache of having to dry wet corn for storage.

The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) published a notice of proposed rulemaking in August on changes to hours of service (HOS) rules followed by a comment period, which recently ended.

The DTN national average soybean basis has been hovering below the minimum five-year average level for at least the past three years. Recently, it has been on a slow climb.

The Surface Transportation Board recently announced it is issuing a series of decisions on demurrage and accessorial rules and charges, a long-standing issue that has been slow to resolve.

The 2019 harvest spring wheat and durum season is mirroring the planting season (as in wet and late), and it's causing serious quality issues in parts of the spring wheat belt.

The 2019 hard red winter wheat harvest extended into September this year in the Northern states, but the Southern Plains harvest -- while late as well -- ended with a good-quality crop.

The Bonneville Lock and Dam located east of Portland, Oregon, in the Columbia River Gorge, a crucial link for wheat exports to the Pacific Northwest, was shut down recently because of damage found in the lock.

After floodwaters receded late this past spring, the Illinois River faced planned lock and dam maintenance starting in June, once again stalling traffic that had been slowed by the spring floods.

The Federal Motor Carrier Safety Administration waived the trucking Hours of Service rule in 10 southeastern states and two U.S. territories ahead of Hurricane Dorian.

Flooding in 2019 has been cruel to the Mississippi River and has already cost the U.S. Army Corps of Engineers more money than usual for cleanup at locks and dams cluttered by flooding. Now, they are running out of money for dredging.

The DTN national average old crop basis has been below the minimum five-year average for the entire crop year.

Dredging the Lower Mississippi River from Baton Rouge to the Gulf to 50 feet will allow both larger ships to be utilized and current ships being utilized to be loaded with more revenue-producing freight.

Record flooding up and down the entire Mississippi River most of 2019 has left behind a mess beneath the water for the U.S. Army Corps of Engineers.

The 2019 Wheat Quality Council Hard Red Spring and Durum Wheat Tour will get underway this week, with scouts checking fields throughout North Dakota, a part of South Dakota and northwest Minnesota.

Just as parts of the Lower Mississippi River were showing signs of flood recovery, Category 1 Hurricane Barry made landfall in Louisiana on July 13. Later that day it weakened to a Tropical Storm as it moved inland and became a tropical depression on Sunday...

While the flat price of corn has fluctuated recently, the basis remains strong and shows no sign of retreating.

The U.S. House Appropriations committee recently passed a 2020 government funding package that would effectively stop the U.S. DOT from eliminating the 30-minute break requirement from current hours of service regulations.

U.S. planted spring wheat acres are expected to be lower than original intentions due to poor weather and final plant dates affecting how many acres went in.

While water is beginning to recede in some areas along the Mississippi River and tributaries, transportation woes continue.

When the calendar turns to June 1 every year, soft red and hard red winter wheat end a crop year and starts a new one. Here is a look back and a look ahead for hard red winter wheat.