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Oil prices jumped 8% Wednesday, driving Brent crude to a 2026 high of nearly $120 bbl, as the U.S. reportedly mulled resuming attacks against Iran...
Ethanol production in the United States averaged 1.009 million barrels per day (bpd) in the week ended April 24.
Meet the farmers from Maryland and Minnesota who will be reporting this season as part of DTN's feature called "View From the Cab."
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AgHost Grains Close
July corn closed up 2 1/4 cents and December corn was up 2 cents. July soybeans closed up 7 3/4 cents and November soybeans were up 4 1/4 cents. July KC wheat closed up 2 1/2 cents, July Chicago wheat was down 4 3/4 cents, July MIAX Minneapolis wheat was up 2 1/4 cents.
AgHost Livestock Close
The livestock complex closed mixed Wednesday afternoon, with the live cattle and lean hog contracts rallying through the day's end, but the feeder cattle contracts closed lower. Some more fed cash cattle trade happened at $256 in Texas, which is $10.00 higher than last week's weighted average.
DTN Weekly DDG Price Held Steady on Average
DTN's weekly average spot price for domestic distillers dried grains is steady versus one week ago.
April Class III Milk Price is $16.82
Milk futures 5took a beating, posting substantial losses. Nearby Class III futures fell back to the lowest levels they have been since April 9, significantly impacting the bullish attitude that had developed. The April Federal Order class prices increased from March.
Ethanol RINs Higher, Ethanol Cash Prices Lower Wednesday
Ethanol RINs were higher and ethanol cash prices were lower Wednesday. May corn closed up 1 1/4 cents per bushel at $4.66 1/2 and July finished up 6 1/4 cents per bushel at $4.75 1/2.
10-34-0 Leads Fertilizer Prices Higher
All eight major fertilizer prices were higher for the third full week of April 2026 compared to a month earlier. Six fertilizers were again significantly more expensive, which DTN designates as anything 5% or more. In a bit of somewhat good news, only one fertilizer was double-digits higher.
Cotton Market Stumbles Sideways to Lower
The cotton market was moderately lower today on slow volume amid ascending energy markets, plus a higher U.S. dollar.
ICE Canola, Corn, Soybeans Higher Wednesday; Wheat Mixed
July canola was up C$16.00. July corn closed up 2 1/4 cents and December corn was up 2 cents. July soybeans closed up 7 3/4 cents and November soybeans were up 4 1/4 cents. July KC wheat closed up 2 1/2 cents, July Chicago wheat was down 4 3/4 cents, July MIAX Minneapolis wheat was up 2 1/4 cents.