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One way of looking at Minneapolis wheat prices is to compare them with KC wheat prices. Minneapolis wheat is currently 1.38 times the price of KC wheat, a much higher than normal ratio, but not nearly as high as the 1.54 ratio reached in the lesser drought of 2017. (DTN ProphetX chart by Todd Hultman)

Todd's Take

7/23/2021 | 5:00 AM CDT

How High Will Minneapolis Wheat Prices Go?

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Sen. John Boozman, R-Ark., speaking on the U.S. Senate floor Wednesday, with a map showing projected increases in tax liability under plans to eliminate stepped-up basis for farms and ranches and raise capital-gains rates for inherited assets. The map was based on an analysis done by Texas A and M Agricultural and Food Policy Center. (Image courtesy of Senate Agriculture Committee minority staff)

Basis Changes, Capital Gains Hit Farms

7/22/2021 | 12:18 PM CDT

Republican Senators Say Farms, Ranches Would Be in Crosshairs of Democratic Tax Plans

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AGCO launches a pilot test of its Precision Ag Line (PAL) program. PAL is a tool designed to streamline support services for AGCO customers. (DTN photo courtesy of AGCO Corp.)

Equipment Roundup

7/23/2021 | 9:09 AM CDT

AGCO and Deere Launch New Products, Mathews Introduces New Grain Dryer Line, Monarch...

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Despite the fourth round of label changes, off-target dicamba injury complaints are on the rise again and tempers are running high among farmers and industry. (DTN File Photo by Pamela Smith)

Herbicide Injury on the Rise

7/21/2021 | 3:38 PM CDT

Battle Lines Drawn as Dicamba Injury Surfaces Once Again

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Anne and Peter Schwagerl stand in a Kernza field on their farm near Browns Valley, Minnesota. The Schwagerls are among a group of Minnesota farmers who are forming a cooperative to market and expand the production of Kernza, a perennial wheat grass first developed by the Land Institute in Kansas. (DTN photo by Chris Clayton)

Kernza's Perennial Promise

7/22/2021 | 5:00 AM CDT

Minnesota Farmers See Potential in Kernza Wheat Grass as Crop, Environmental Benefit

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DTN Market Headlines

DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)

7/23/2021 | 8:36 AM CDT

OMAHA (DTN) --December corn is down 2 cents per bushel, November soybeans are down 2...

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Washington Insider -- Friday

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Immigration Remains a Hot Ag Topic

7/23/2021 | 5:52 AM CDT

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MachineryLink

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To fix an alignment problem, try to pin one side of the bucket first. This will allow the free cylinder to extend or retract by itself since less pressure is needed to move it in or out than the one hooked to the bucket. (DTN photo by Steve Thompson)

Ask The Mechanic: Aligning Tilt Cylinders

7/23/2021 | 5:00 AM CDT

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South America Calling

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Very few areas have received anything close to normal precipitation during the last three months and corn has had constant weather challenges this season. (DTN graphic)

Brazil Ready to Say Goodbye to 2020-21 Safrinha Corn Season

7/22/2021 | 5:55 PM CDT

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DTN 360 Poll

How do you view the cumulative rainfall in your area since April 1 and the effect on crop development?

Our area has faced excessive precipitation that is detrimental for crop development.
Precipitation has been favorable to-date and crops are thriving.
This has been an average year for us, for precipitation and how it has affected crops.
Our area lacks precipitation -- we need more!
Our area has so little rain, the crops are probably a write-off.
It's too soon to tell, while the effects vary by crop.
Rainfall is not our main weather concern, it's wind/ hail/lack of or too much heat that has been an issue for our area.

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