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Commercial River Traffic Shut Down
Published May 13, 2021
The U.S. Coast Guard shut down barge traffic after a large crack was found in a steel support beam on a bridge that extends over the Mississippi River at Memphis. According to Upper River Services President Lee Nelson, 430,000 tons…Grass is Greening Up Near Mobridge, SD
Published May 13, 2021
One-inch rains helped were welcomed, but Mobridge Livestock co-owner Casey Perman says more rain is needed. "Dams are shallow and need to be watched, but if you have pipeline, water lines or wells, you'll be able to turn cattle out…Traders Keep a Close Eye on South American Production
Published May 13, 2021
In the May WASDE report, USDA left Argentina’s corn and soybean production unchanged at 47 million metric tons. At the same time, USDA lowered Brazil’s corn production estimate to 102 million metric tons. "I think the trade will assume this…Light Rains in the Forecast Won’t Help Dry Conditions Much
Published May 13, 2021
DTN Senior Agriculture Meteorologist Bryce Anderson says the rain coming to the Northern Plains in the next week will be light with no more than half an inch of rain expected. Up until Mother’s Day weekend, the cooler temperatures helped…Grain Traders Already Questioning USDA’s WASDE Report
Published May 12, 2021
Clayton Pope Commodities President Clayton Pope says the USDA numbers were not as friendly as the trade was looking for. "The numbers appear to be on the bearish side. The old crop corn carryover was down 95 million bushels, but…USDA Lowers Brazil’s Corn Production, Argentina Crop Unchanged in May Report
Published May 12, 2021
In the May WASDE report, USDA lowered Brazil’s corn production at 102 million tonnes, down from 109 million in the April report. Brazil’s soybean production is estimated at a record 136 million tonnes, unchanged from the April report. USDA left…A Look at the Latest U.S. New Crop Balance Sheet
Published May 12, 2021
The May USDA report numbers were mostly neutral to the grain trade. In terms of the new crop balance sheet, U.S. corn production is forecast at almost 15 billion bushels, slightly higher than last year. U.S. soybean production is forecast…USTR Addresses Ag Trade Barriers in Senate Hearing
Published May 12, 2021
U.S. Trade Representative Katherine Tai answered trade questions from the Senate Finance Committee on Wednesday. Senate Agriculture Committee Chairwoman Debbie Stabenow expressed concerns about the sanitary and phytosanitary barriers for ag exports. "We address these concerns by engaging," said Tai.…Spring Wheat is Drying Up in Central ND
Published May 11, 2021
Hurdsfield, North Dakota farmer Chad Weckerly says the wheat planted in early April dried out before it could break the surface. "There are areas of the field dying off at emergence. It didn't rot, it just ran out of moisture." …