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.
Wednesday will be rainy over most of the Midwest, with some freezing precipitation in the eastern Dakotas, and snow from western Nebraska north through the northwestern Plains. » More DTN Weather Commentary
Merchandisers were content to let cash bids for corn and wheat follow the downward path set by the futures markets in pre-report day trade, with soybeans holding steady. [Read and Comment on Full Blog]
Posted at 7:27PM Tue Mar 9, 2010 CST
Quote of the Day
"What is success? I think it is a mixture of having a flair for the thing that you are doing; knowing that it is not enough, that you have got to have hard work and a certain sense of purpose."
Ethanol prices have moved from a strong premium to RBOB futures to a sharp discount. Strong demand in gasoline markets and sluggish ethanol markets are changing the pricing dynamics between the two.
Prices for five of the eight major fertilizers were higher and three were lower during the first week of March, compared to a month earlier. However, price movements for all fertilizers continue to be relatively small.
Discounts for this year's crop insurance premiums help boost your comfort zone without breaking the bank, DTN finds in this second of a series on your 2010 crop insurance decisions.
While most on-farm deaths, such as tractor overturns and power-take-off shaft incidences, are decreasing, the number of children and adults being engulfed in grain is rising every year, reports Bill Field, Purdue University Extension safety specialist. In 2008 there were 34 grain entrapments nationwide compared to 33 in 2007. In five years, incidences increased 33 percent, according to Purdue University's National Grain Entrapment Database.
Wednesday's USDA Crop Production and Supply and Demand reports are
expected to be mildly bullish for corn and wheat with soybeans being the
wildcard.
See DTN Ag News. 4^USDA Report Preview...
The tax bill would extend dozens of tax credits including the
$1-per-gallon biodiesel credit. It also includes a $1.5 billion agriculture
disaster aid package.
See DTN Ag News. BTax-Credit Bill Clears Hurdle...
Discounts for this year's crop insurance premiums help boost your
comfort zone without breaking the bank, DTN finds in this second of a series on
your 2010 crop insurance decisions.
See DTN Ag News. :^Crop Insurance D-Day - 2...
Prices for five of the eight major fertilizers were higher and three
were lower during the first week of March, compared to a month earlier.
However, price movements for all fertilizers continue to be relatively small.
See DTN Ag News. BDTN Retail Fertilizer Trends...
Ethanol prices have moved from a strong premium to RBOB futures to a
sharp discount. Strong demand in gasoline markets and sluggish ethanol markets
are changing the pricing dynamics between the two.
See DTN Ag News. BFor Argument's Sake...
This Day In History
March 10, 1893
New Mexico State University cancels it's 1st graduation ceremony, its only graduate Sam Steele was robbed & killed the night before