Due to the unprecedented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:00PM.
Saturday will continue to be dry. The next chance for rain in the main U.S. crop areas does not show up until Monday afternoon, with light showers in the Northern Plains and southern Canadian Prairies. » More DTN Weather Commentary
Informa Economics told clients Friday it expects USDA will peg corn production in September at 164.8 bushels per acre, and soybeans at 44.1 bpa, and it also released a "mostly likely final estimate" of the crop size and yield for corn. [Read and Comment on Full Blog]
Posted at 10:41AM Fri Sep 3, 2010 CDT
Quote of the Day
"Look at a day when you are supremely satisfied at the end. It's not a day when you lounge around doing nothing; it's when you've had everything to do, and you've done it."
Some of the agriculture advocacy groups created by various producer organizations and allied industries have opted not to discuss the 550-million egg recall and the large farm organization at the center of the federal health probe and possible criminal investigation.
USDA is trying to comply with a federal court ruling to complete an environmental impact statement for a crop that already has converted 95 percent of production to Roundup Ready seeds, even though a federal judge ruled USDA should not have deregulated the crop.
Export demand for hard red winter wheat and hard red spring wheat has strengthened while demand for soft red winter wheat is lackluster due to worldwide availability of comparable quality wheat.
Intelligence gathered at this year's soybean test plots focused on the non-scientific causes of sudden death syndrome, says DTN's tongue-in-cheek Midwest farmer columnist Adam Erwin.
Despite talk of eliminating all farm programs, Iowa Farm Bureau
members on Friday voted to defend most programs but proposed eliminating direct
payments in exchange for improved risk-management tools.
See DTN Ag News. BIowans Target Direct Payments...
Feverish opposition doomed USDA's proposed National Animal
Identification System, but the backup plan of 50 state systems isn't likely to
provide the rapid traceability needed to head off the worst consequences of
contagious animal diseases.
See DTN Ag News. BLetter From the Editor...
Proposed rules would allow feed into Europe that is now rejected
because of trace amounts of genetically engineered material.
See DTN Ag News. BEU Rules Help Soy Sales...
Fall is reaping/sowing time. Work often requires distractions in
numerous pastimes. Although rain abounds, grains rally as projections hacked.
See DTN Ag News. 1^Newsom on the Market...
Analytical firm Informa Economics said Friday it expected the final
U.S. corn crop will be dramatically smaller than the government's latest
estimates.
See DTN Ag News. 7^Informa: Corn at 158.5 BPA...
| WHEAT (Dec 10) 741\'2s +27\'4 
