![One of the technical clues of long-term price support takes place when prices trade at a new low temporarily, but don't get very far and then reverse higher. That happened to September palm oil in early 2023 and appears to have just happened in August soybean oil (DTN ProphetX chart).](/mydtn-public-core-portlet/servlet/GetStoredImage?symbolicName=2024n08-tech-spkg.png&category=CMS)
More than just salad dressing, the world's plant oils are increasingly being sought out as low-carbon substitutes for fuel as prices show signs of increased demand.
Oil futures closest to expiration on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange softened Monday morning...
The U.S. Court of Appeals for the District of Columbia Circuit on Friday vacated the U.S. Environmental Protection Agency's denial of previously...
Weather continues to create interesting scenarios for DTN's View From the Cab farmers in Idaho and Kentucky. This week updates on some...
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Todd Hultman is a DTN grain market analyst, and has worked in the commodity futures industry since 1985.
Todd began his career as a broker with Delta Futures Group in Omaha, where he relied on DTN's news and market quotes. In 1997, he left the brokerage business with a desire to spend more time researching the futures markets and educating others. The move led to the creation of an online educational resource for futures traders. That same strong interest to research and teach brought a Todd to DTN where he enjoys commenting on the grain markets. Todd is a 1981 graduate of the University of Nebraska at Omaha and has lived in the Omaha area for most of his life.
More than just salad dressing, the world's plant oils are increasingly being sought out as low-carbon substitutes for fuel as prices show signs of increased demand.
More than just salad dressing, the world's plant oils are increasingly being sought out as low-carbon substitutes for fuel as prices show signs of increased demand.
The July WASDE report recently provided another example of why we need to tread lightly when it comes to using fundamental data to make marketing decisions. The data can be flawed and no law...
Friday's July 12 USDA reports will update balance sheets with new estimates from the June 28 Acreage and Grain Stocks reports, including estimates of ground that was not planted at the time of the June survey.
More than just salad dressing, the world's plant oils are increasingly being sought out as low-carbon substitutes for fuel as prices show signs of increased demand.
Since the ethanol industry was authorized in 2007, 2017 stands alone as the only year in which DTN's national index of cash corn hasn't reached USDA's cost of production estimate at least once during the calendar year. 2024 may...
USDA will release its Acreage and quarterly Grain Stocks reports at 11 a.m. CDT on Friday. However, because USDA's planting estimates are based on its survey in the first two weeks of June, Friday's acreage estimates won't reflect...
AAA retail diesel prices that peaked at $5.82 a gallon two years ago this month were down to $3.81 Friday. Soybean oil has formidable competition in the renewable diesel market, but the incentive to crush soybeans remains enticing.
Managed futures funds are heavily net short in corn futures, but cash prices reflect uncertain prospects for 2024 production and strong demand at these lower prices.
USDA on Wednesday will update new-crop wheat production estimates in the U.S. and around the world and will also take another look at South American crop estimates after last month's flooding in southern Brazil.
After trading higher in late April and May, July contracts of both corn and wheat have fallen back the past two weeks, but it is Chicago wheat that may have stronger potential for technical support.
No longer depressed by the dark days of winter, corn prices are showing cautious optimism in spring.
On May 24, July Chicago wheat closed near $7 for the first time since August 2023, helped by a number of weather surprises in early 2024.
Spend time thinking ahead about worst-case scenarios and how to protect yourself from market fluctuations, not just financially, but also emotionally.
On May 14, 2024, the U.S. initiated a new round of tariffs on Chinese goods, always a touchy subject for the soybean market. Traders might be wondering about retaliation from China; but so far, soybean prices are showing no...
In its May 10 World Agricultural Supply and Demand Estimates (WASDE) report, USDA will update old-crop estimates as well as establish new estimates for the 2024-25 season. Also, the monthly Crop Production report will give the first...
The corn planting season is here and challenges are already emerging as the rains keep coming. December corn prices turned higher and we have to wonder how much potential there may be for more gains ahead.
For suppliers of used cooking oil and tallow and producers of Brazilian sugarcane ethanol, Tuesday's SAF announcement was good news. For U.S. producers of corn and soybeans, the pathway to this new market is not so clear.
Spend time thinking ahead about worst-case scenarios and how to protect yourself from market fluctuations, not just financially, but also emotionally.