Spring wheat farmers in the upper Northern Plains have been battling drought all year and it has taken its toll on the new spring wheat crop.
Mary Kennedy
DTN Basis Analyst
Mary Kennedy has been in the grain business for more than 25 years and has worked in the Minneapolis, Duluth-Superior and PNW markets as a buyer/merchandiser of spring and winter wheat, durum, corn, barley, pulse crops and various other small grains. She is a native of St. Paul, Minn., and has lived in North Dakota and in Wisconsin where she worked as a commodity buyer in local grain elevators and an ethanol plant.
Mary has been a member of the North Dakota Grain Dealers Association and has served as the secretary of the Durum Industry Advisory Commission. She also served as a board member at the Portland Merchants Exchange and was a member of the arbitration committee at the Minneapolis Grain Exchange.
She has two sons and one daughter: Kevin, who lives in Chicago with his wife and daughter and son; Daniel, who is a lieutenant in the U.S. Army based at Fort Sam Houston with his wife and two sons; and Kelly, who resides in Minnesota with her husband and twin sons.
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DTN's weekly average spot price for domestic distillers dried grains was lower versus one week ago.
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DTN Daily Basis Comments
Corn basis was weaker, while hard red winter wheat and soybean basis was stronger and soft red winter wheat and spring wheat basis was steady Tuesday.
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DTN Daily Basis Comments
Soybean basis was stronger, while corn, spring wheat and soft red winter wheat basis was weaker Friday and hard red winter wheat basis was steady.
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DTN Daily Basis Comments
Soybean basis was weaker, while corn, hard red winter wheat, spring wheat and soft red winter wheat basis was steady Thursday.
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DTN Daily Basis Comments
Soybean and spring wheat basis was weaker, while corn, hard red winter wheat and soft red winter wheat basis was steady Wednesday.
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DTN Daily Basis Comments
Corn and soybean basis was weaker, while hard red winter wheat and hard red spring basis was stronger Tuesday and soft red winter wheat basis was steady.
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DTN Daily Basis Comments
Corn, hard red winter wheat, soybean and soft red winter wheat basis was weaker Monday and hard red spring basis was steady.
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DTN Daily Basis Comments
Corn and soft red winter wheat basis was steady, while soybean, hard red spring and hard red winter wheat basis was stronger Thursday.
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DTN Daily Basis Comments
Corn, hard red spring and hard red winter wheat basis was weaker, while soybean and soft red winter wheat basis was steady Wednesday.
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DTN Daily Basis Comments
Corn, soybean, soft red winter wheat and hard red spring wheat basis weakened Friday while hard red winter wheat basis was steady.
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DTN Daily Basis Comments
Corn and soft red winter wheat basis was steady, while soybean, hard red winter wheat, and spring wheat basis was weaker Thursday.
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DTN Daily Basis Comments
Corn, soybean, soft red winter wheat and spring wheat basis was weaker, while hard red winter wheat basis stronger Tuesday.
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Cash Market Moves
Farmers who planted their new-crop spring wheat in severe drought conditions are seeing a lack of germination and/or struggling plants.
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DTN Daily Basis Comments
Basis was unchanged Tuesday for corn, soybeans and soft red winter, hard red winter and hard red spring wheat.
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DTN Daily Basis Comments
Corn and hard red winter wheat basis held steady, while soybean, hard red spring wheat and soft red winter wheat and hard red winter wheat basis weakened Monday.
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DTN Daily Basis Comments
Soybean and hard red spring wheat basis weakened, while corn, soft red winter wheat and hard red winter wheat basis were unchanged Friday.
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DTN Daily Basis Comments
Corn, soybean and soft red winter wheat basis was weaker, while hard red winter wheat basis was stronger Monday, and hard red spring wheat basis was steady.
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DTN Daily Basis Comments
Corn and soybean basis was weaker, while soft red winter wheat and hard red winter wheat basis was steady Friday, and hard red spring wheat basis was stronger.
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Cash Market Moves
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Cash Market Moves
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DTN Daily Basis Comments
Corn, soft red winter wheat, hard red winter wheat, hard red spring wheat and soybean basis moved to the July.
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DTN Daily Basis Comments
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Cash Market Moves
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DTN Daily Basis Comments
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Cash Market Moves
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DTN Daily Basis Comments
Soybean and hard red spring wheat basis was stronger, while corn soft red winter wheat, and hard red winter wheat basis was steady Friday.
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Cash Market Moves
Tight old-crop supplies of soybeans are pushing basis to new highs.
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Cash Market Moves
Drought has been persistent in key spring wheat growing areas and may be a factor in lower planted acres in 2021.