Market News
Corn Rallied into 3-Day Weekend with NASS Data
BarchartThu Mar 28, 4:29PM CDT
Thursday’s trading session left the corn market ~6c off the day’s highs, but still 13 to 16 cents in the black. Old crop May ended the week with a 2 ¾ cent gain and finished the last trade day of March with a 12c gain for the monthly. The new...
Corn Rallied into 3-Day Weekend with NASS Data
BarchartThu Mar 28, 4:29PM CDT
Thursday’s trading session left the corn market ~6c off the day’s highs, but still 13 to 16 cents in the black. Old crop May ended the week with a 2 ¾ cent gain and finished the last trade day of March with a 12c gain for the monthly. The new...
Mixed Close for Report Day Soybeans
BarchartThu Mar 28, 4:29PM CDT
Old crop beans ended the day with 1 to 1 ¼ cent losses, while the new crop contracts finished as much as 8 ¼ cents in the black. The May soybean contract finished the week with the same 1c loss, but was still up 50 cents through the month of...
Michigan specialty crop ratings slide
Brownfield Ag NewsThu Mar 28, 2:44PM CDT
National ratings for nearly 20 commodities in Michigan dropped in the latest ag census. “The rankings are really important and they also only tell part of the story.” Michigan State University’s Department of Agricultural, Food, and Resource Economics assistant professor Molly Sears focuses on specialty crop economics and tells Brownfield...
Agronomist says farmers remain cautious about crop spending
Brownfield Ag NewsThu Mar 28, 1:56PM CDT
An agronomist says farmers are being careful about their crop investments. Travis Hofslien from Alcivia Cooperative tells Brownfield with margins tight and commodity prices low, farmers are relying on soil testing to make sure they’re not wasting money on fertility inputs. “There are definitely years to build up your fertility...
Beans Back to Mixed for Midday
BarchartThu Mar 28, 11:53AM CDT
Soybeans were fading into the reports, before rallying out of the release. Current quotes are back to mixed as the new crop futures are holding fractional to 4 cent gains and old crop prices are back to 2 cents in the red. Midday Soymeal futures are trading $2 in the...
Cotton Mostly Higher with Low Acreage Reported
BarchartThu Mar 28, 11:53AM CDT
Cotton futures are 70 points off their session highs into midday, following a strong surge out of the NASS data. New crop futures are also up by 21 to 43 points for midday. FAS data showed cotton bookings were 98.2k RBs for the week that ended 3/21. That was up...
Cotton Mostly Higher with Low Acreage Reported
BarchartThu Mar 28, 11:53AM CDT
Cotton futures are 70 points off their session highs into midday, following a strong surge out of the NASS data. New crop futures are also up by 21 to 43 points for midday. FAS data showed cotton bookings were 98.2k RBs for the week that ended 3/21. That was up...
Apple Processing Report - Baltimore, MD
USDAThu Mar 28, 11:41AM CDT
MB_FV195 BALTIMORE (JESSUP, MD) 28-MAR-2024 Provided by USDA Specialty Crop Market News Service Phone: (559) 977-6875 E-mail: IFMN@usda.gov APPALACHIAN DISTRICT (MD, PA, VA, WV) APPLES FOR PROCESSING. Harrisburg, PA: Cloudy, 52/35 Martinsburg, WV:...
Cotton Firms into USDA Reports
BarchartThu Mar 28, 7:15AM CDT
Cotton futures are trading mixed in new crop but 50 to 60 points higher in old crop ahead of the weekly USDA Export Sales report and the Planting Intentions report. Futures were down sharply on Wednesday on some pre-holiday profit taking. The old crop contracts sank more than 2 pennies...