Blogs

  • Canada Markets

    This soybean oil weekly chart provides a few optimistic clues worth considering: a clear break above the downtrend in place since the 2022 top, along with a divergence bottom formation. As prices put in a new low in August, the RSI did not. This suggests greater internal strength than prices implied. (ProphetX chart)
    Posted by Mitch Miller , DTN Contributing Canadian Grains Analyst

    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.

  • Market Matters Blog

    This soybean oil weekly chart provides a few optimistic clues worth considering: a clear break above the downtrend in place since the 2022 top, along with a divergence bottom formation. As prices put in a new low in August, the RSI did not. This suggests greater internal strength than prices implied. (ProphetX chart)
    Posted by Mitch Miller , DTN Contributing Canadian Grains Analyst

    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.

  • Ethanol Blog

    Biofuels groups have asked Congress to pass a one-year extension of the blenders credit for biodiesel and renewable diesel. (DTN file photo by Nick Scalise)

    With the future of the 45Z Clean Fuels Production Credit in question, biofuels and agriculture interest groups have asked leadership of the U.S. House of Representatives and the U.S. Senate to pass a one-year extension of the 40A blenders tax credit.

  • Ag Weather Forum

    In mid-July 2021, 94% of the Western U.S. was in some phase of dryness or drought. The worst categories, Extreme and Exceptional Drought, were in effect over more than half the region. (U.S. Drought Monitor graphic)
    Posted by Bryce Anderson , Ag Meteorologist Emeritus

    A key study has concluded higher temperatures lead to drought even when precipitation is at normal levels.

  • Ag Policy Blog

    Ed Elfmann (left), senior vice president for Agricultural and Rural Banking with the American Bankers Association, talks to Zippy Duvall, president of the American Farm Bureau Federation, at the Ag Bankers Conference in Milwaukee. (DTN photo by Chris Clayton)
    Posted by Chris Clayton , DTN Ag Policy Editor

    The American Farm Bureau Federation is urging Congress to prioritize a disaster and economic aid package for farmers over passing a new farm bill, citing urgent financial needs and expected delays in policy implementation.

  • Fundamentally Speaking

    A look at August through October 2024 precipitation and temperature readings in the U.S., and in top corn and soybean producing states. (Chart by Joel Karlin)
    Posted by Joel Karlin , DTN Contributing Analyst

    Drought and heat from August to October 2024 led to lower U.S. corn and soybean yields, with the USDA cutting projections for both crops.

  • Sort & Cull

    With weaker boxed beef prices, packers sitting with plenty of supply around them and holiday-shortened kill weeks looming, the cash cattle market may trade steady to somewhat lower again this week. (Photo by Baxter Communications)
    Posted by ShayLe Stewart , DTN Livestock Analyst

    While it may seem logical that after a week of thin movement in the cash cattle market, prices would trade higher the following week as packers need to ensure that they're not short bought, there's more at play for the market to manage than just fed cattle prices.

  • An Urban's Rural View

    TikTok is fighting in the courts against a law banning it. If it loses, Americans won't be able to download the app and won't receive software upgrades and fixes. (Photo by nordskovmedia.dk, Public Domain)
    Posted by Urban C Lehner , Editor Emeritus

    Will a company that half of America patronizes be banned from operating in the U.S.? It's possible.

  • South America Calling

    Soil moisture has improved across Argentina and Brazil during the last month, but there is still work to do to reverse the extreme drought from earlier in the season. (NOAA Climate Prediction Center graphic)
    Posted by John Baranick , DTN Meteorologist

    The drought that had built up in Argentina and central Brazil during the winter and early spring has taken a massive hit from the last month's-worth of active weather and heavy rain. But soil moisture is still teetering on the dry side or normal for most places.

  • Minding Ag's Business

    Illinois farmers are forecast to have a third consecutive year of operating returns that fall short of paying their land rent. (Farmdoc chart)
    Posted by Katie Micik Dehlinger , Farm Business Editor

    Fuel and fertilizer prices are expected to soften for the 2025 growing season, but projected corn and soybean returns remain negative for 2025.

  • Production Blog

    Tank mixing herbicides may be the most effective means of controlling the advance of herbicide resistance in tough-to-control weeds such Palmer amaranth, according to new research. (DTN photo by Pamela Smith)

    Farmers have been advised to rotate their herbicide modes of action to help prevent the proliferation of resistant weeds, but is that the most effective tactic? The scientist-led GROW (Getting Rid of Weeds) network shares the latest research on the topic.

  • Editors' Notebook

    At the All American Quarter Horse Congress, more than 200 Congress champions are crowned each year. Trophies represent the champion in each class, while medals are awarded to reserve champion, top 15 and finalists. (DTN photo by EllaMae Reiff)
    Posted by EllaMae Reiff , DTN Content Editor

    A weekend at the All American Quarter Horse Congress filled with exciting classes, shopping, delicious food and a strong sense of community that makes the event truly special.

  • Technically Speaking

    This is a daily chart of November soybeans, showing an extreme oversold condition and trading just above Friday's contract low. (DTN ProphetX chart)
    Posted by Dana Mantini , Senior Market Analyst

    November soybeans have been battered and beaten up. The market was already reeling when USDA came up with one million additional acres of soybeans planted and a record yield of 53.2 bpa. In the past few weeks, soybeans have registered new contract lows as funds reveled in...

  • MachineryLink

    The Space Weather Prediction Center has issued a watch for a minor-level geomagnetic storm this weekend (DTN image courtesy of the Space Weather Prediction Center)

    The Space Weather Prediction Center has issued a minor-level geomagnetic storm watch for this weekend. A storm of this intensity will have little to no impact on farming guidance systems.