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Crude oil futures climbed nearly 5% Wednesday, even as Energy Information Administration (EIA) data showed a weekly increase in U.S. commercial...
Economists at an agricultural outlook forum questioned the impact of an export ban on diesel, while there was also some disagreement over...
The cost of fuel was on the minds of DTN's View From the Cab farmers this week as they prepare for fall harvest.
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DTN AgHost Early Word Grains
December corn is up 1 cent per bushel, November soybeans are up 8 1/4 cents, December KC wheat is up 1/2 cent, December Chicago wheat is up 2 1/4 cents, and MIAX December Minneapolis wheat is down 0.0025 cents.
AgHost Livestock Close
The livestock complex ended the day mixed with the cattle contracts able to secure a strong advancement, but meanwhile the lean hog contracts fell lower. Some light cash cattle trade was noted in the North at $350 but not enough cattle have sold to say that an accurate trend has developed yet this week.
DTN Average Weekly DDG Price Higher
DTN's weekly average spot price for domestic distillers dried grains is higher versus one week ago.
Class IV Futures Move Above $20.00
There was a slight reprieve from the bearishness in Class III futures. Trading activity was high in both Class III and Class IV contracts. Class IV futures showed strong gains, with the October and November contracts above $20.00.
Ethanol RINs Higher, Ethanol Cash Prices Mixed Wednesday
Ethanol RINs were higher and ethanol cash prices were mixed Wednesday. December corn closed down 7 3/4 cents per bushel at $5.29 and May closed down 7 1/2 cents per bushel.
Fertilizer Prices Rise for Six of Eight Major Fertilizers
Six of the eight major fertilizers are slightly higher compared to the previous month. However, no fertilizers had a sizeable price move in either direction. DTN designates a significant move as anything 5% or more.
Cotton Awaits "Motivation"
Cotton remains sluggish as trade optimism, harvest pressure and strong macro data collide.
ICE Canola Higher; Soybeans, Corn, Wheat Lower Wednesday
November canola closed up C$0.80. December corn closed down 7 3/4 cents and March corn was down 7 1/2 cents. November soybeans closed down 7 1/2 cents and January soybeans were down 7 1/2 cents. December KC wheat closed down 9 1/2 cents, December Chicago wheat was down 8 3/4 cents, December MIAX Minneapolis wheat was down 7 1/2 cents.