Safeguard margins
Protect your bottom line with our independent, trusted grains insights.
|
-
-
Farm Life
-
How Some Rural Hospitals Write Their Own Prescription for Survival
Facing tight margins and staff shortages, some rural hospitals are determined to write their own survival stories.
-
Spotlight on Rural Resilience
DTN's Special Coverage of the Challenges and Opportunities Facing Rural America
-
View From the Cab
Farmers Assess Spring Planting Progress
-
Rural Resilience - 3
Rural Health Care Is on Life Support. Can It Be Resuscitated?
-
We've detected that you are using an unsupported browser. Not all features of DTN / The Progressive Farmer may function as expected.
Recommended Browsers:
-
Internet Explorer 10 or above
-
Chrome
-
Firefox
-
Safari
-
iPad 2 or above
-
iPhone 4 or above
Grain, Soy Markets Crash Wednesday on Good Weather, Iran Peace Hopes
Corn and soybean futures led markets lower on Wednesday, pressured by a favorable forecast over the next few weeks and some renewed optimism that negotiators could be making some progress on an Iran peace deal. Bean oil futures fell along with crude oil, which at the time of writing, was down more than $6 per barrel.
AgHost Livestock Close
The livestock complex had a lousy day where essentially not enough fundamental support developed, so the contracts simply ended the day weaker. Some light cash cattle trade was noted in the North, but not enough cattle traded to say that any sort of trend has been established for the week.
DTN Weekly Average DDG Price Slightly Lower
DTN's weekly average spot price for domestic distillers dried grains is slightly lower versus one week ago.
June Advanced Class I Price is $22.80
Class IV futures took a beating from the decrease in butter and nonfat dry milk prices. Class III futures also showed mostly lower prices despite the increase in block cheese. The June Class I price is $22.88.
Ethanol RINs Mixed, Ethanol Cash Prices Higher Tuesday
Ethanol RINs were mixed and ethanol cash prices were higher Tuesday. July corn closed down 9 1/2 cents per bushel at $4.65 3/4 and September closed down 9 cents per bushel at $4.72 1/2.
No Significant Fertilizer Price Increases, Although All Still Slightly Higher
All eight major fertilizers logged slightly higher prices for the second full week of May 2026 compared to a month earlier. However, no fertilizer had a considerable price increase for the first time in 13 weeks. That takes us back to the first week of February 2026.
Cotton Market Turns Higher Again
The cotton market twisted and turned from positive to negative to positive again during its midweek action.
ICE Canola, Wheat, Corn, Soybeans Lower Wednesday
July canola was down C$7.90. July corn closed down 9 1/2 cents per bushel at $4.65 3/4 and September closed down 9 cents per bushel at $4.72 1/2 and July soybeans closed down 9 3/4 cents at $11.99 3/4 and August soybeans were down 10 1/2 cents at $11.99 1/4. July KC wheat closed down 5 cents at $6.98 3/4, July Chicago wheat was down 6 3/4 cents at $6.60 1/2 and MIAX July Minneapolis wheat was down 2 cents at $6.94 1/2.