Safeguard margins
Protect your bottom line with our independent, trusted grains insights.
|
New York Mercantile Exchange oil futures added to gains in post-inventory trade Wednesday.
Engineers working on behalf of a number of seed companies in the environmental cleanup of a shuttered Nebraska ethanol plant explore the...
Auctions are a unique rite of passage. Blogger Jennifer Campbell shares her reflections on this time-honored tradition.
Protect your bottom line with our independent, trusted grains insights.
|
Corn, Wheat Futures Lower at Midday; Soybeans Mixed
Corn futures are 5 to 11 cents lower at midday Wednesday; futures are 13 to 28 cents lower.
Outside Pressure Drives Livestock Futures Lower
The livestock futures are trading lower as outside pressures concern traders.
Corn Gluten Meal Prices Sharply Lower for Week
Corn gluten meal prices were sharply lower for the week. DDG, corn gluten feed, and soybean meal prices all fell as well.
Cheese Shows Further Gains
Cheese prices moved higher again with barrels leading the way. Blocks were not able to hold the complete gain but held onto most of it. Butter saw further weakness with significant trading activity.
Ethanol RINs Higher, Cash Prices Lower Tuesday
Ethanol RINs higher, and ethanol cash prices were lower Tuesday. July corn was up 10 1/2 at $6.08, while September closed up 4 1/4 cents at $5.34 1/2.
Fertilizer Prices Mainly Lower; Anhydrous Fertilizer Drops 15%
A majority of retail fertilizer prices are again lower after being mostly higher last week. Two fertilizers lead the way lower. Anhydrous was 15% less expensive than last month with an average price of $791/ton. Urea was 6% lower than last month with an average price of $622/ton.
Cotton Lower Ahead of Data
The cotton market is trading lower Wednesday morning as traders adjust their positions in front of several cotton events.
Wheat Leads Corn to Bearish Close
July corn closed 3 3/4 cents per bushel (bu) lower and new-crop settled 9 1/2 cents to 10 1/4 cents lower, July hard red spring wheat closed 22 1/2 cents lower and new crop ended 7 3/4 to 23 cents lower, new-crop HRW closed 25 to 32 1/4 cents lower and SRW closed 11 cents to 13 3/4 cents lower. July soybeans closed 7 1/2 cents higher and new-crop ended 3 1/2 to 10 cents lower and July canola ended higher $0.30 metric ton (mt) and new-crop ended unchanged at $3.40 higher.