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USDA's average cash price of soybean meal in Illinois closed at $506 Thursday, Feb. 2, 2023, roughly $14 above a new contract high in the March futures of $491.80. The recent return of a premium in the cash price suggests domestic meal supplies are tight and physical demand is strong, a bullish condition that could persist through summer. (DTN ProphetX chart by Todd Hultman)
Todd's Take
2/3/2023 | 8:33 AM CST
The Unsinkable Price of Soybean Meal
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Higher interest rates and input costs are siphoning off much of the upside on beef prices for those at the cow-calf level. (DTN/Progressive Farmer file photo by Karl Wolfshohl)
Cow-Calf Producers Should Get More
2/3/2023 | 4:39 PM CST
A Sustainable Beef Industry Starts With More Support for the Cow-Calf Sector
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Discussing agriculture trade Thursday, from left, Doug Chapin, Michigan dairy farmer and board chairman of the Michigan Milk Producers Association; John Bode, president and CEO of the Corn Refiners Association; Brian Kuehl, executive director, Farmers for Free Trade; and Bob Hemesath, Iowa corn farmer and board member of the National Corn Growers Association. (Photo by DTN Political Correspondent Jerry Hagstrom)
Ag Frustration Over Lack of Trade Talks
2/3/2023 | 8:57 AM CST
Ag Leaders Campaign for Foreign Market Access, New Trade Deals
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Cracked earth in an area once under the water of Lake Mead at the Lake Mead National Recreation Area, Friday, Jan. 27, 2023, near Boulder City, Nev. (AP photo by John Locher)
Midwest Rivers and Western Drought
2/3/2023 | 8:18 AM CST
Pumping Mississippi River Water West: Drought Solution or Pipe Dream?
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Cow-calf producers need to understand their production costs and make sure they can break even when purchasing replacement heifers. (DTN file photo by Boyd Kidwell)
Break Even on Replacement Heifers
2/3/2023 | 5:00 AM CST
UNL Extension Research Shows Replacement Heifer Breakeven Prices
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  1. The Unsinkable Price of Soybean Meal

  2. A Sustainable Beef Industry Starts With More Support for the Cow-Calf Sector

  3. Ag Leaders Campaign for Foreign Market Access, New Trade Deals

  4. Pumping Mississippi River Water West: Drought Solution or Pipe Dream?

  5. UNL Extension Research Shows Replacement Heifer Breakeven Prices

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Posted 12:43 --As we near Friday's close, March corn is up 1/4 cent and March soybeans are...

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    • Wheat Fades with Bean Oil, Soymeal Scores a New High

    • Market Weather Outlook

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    • Closing Market Comment

    • Soybean Meal Prices Push To New Contract High Thursday

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DTN's weekly spot price for domestic distillers dried grains for the week ended Feb. 2 was $2 lower on average than one week ago. (DTN file photo)

DTN Weekly DDG Price Slightly Lower on Average

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The blue bars represent the volume of select crops delivered into the licensed handling system during the first 26 weeks of 2022-23, while compared to the five-year average (brown bars) and measured against the primary vertical axis. The grey line represents the percentage of total supplies this volume represents while compared to the five-year average for this period (yellow line), plotted against the secondary vertical axis. (DTN graphic by Cliff Jamieson)

Licensed Deliveries During the first Half of 2022-23

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Need to know what trait lies within a specific hybrid? There's a free chart for that called The Handy Bt Trait Table. (DTN photo by Pamela Smith)

Handy Table Tracks Corn Traits

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