Showers were noted in southeastern Texas Tuesday afternoon, along with a few showers in southeastern Minnesota. The rest of the main U.S. crop areas were dry. Temperatures ranged from the low 30s in central and southern North Dakota to the mid 60s in south Texas. » More DTN Weather Commentary
Posted at 1:59PM Tue Mar 16, 2010 CDT
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CORN (May 10) 366\'6s +3\'4 | CORN (Jul 10) 377\'6s +3\'4 | CORN (Sep 10) 387\'2s +3\'4 | SOYBEANS (May 10) 945\'0s +15\'0 | SOYBEANS (Jul 10) 952\'6s +15\'2 | SOYBEANS (Aug 10) 950\'2s +14\'6 | HEAT DEGREE-MINNEAPOLIS (Mar 10) 837.0s - 16.0 | HEAT DEGREE-MINNEAPOLIS (Apr 10) 493.0s +3.0 | HEAT DEGREE-MINNEAPOLIS (Oct 10) 483.0s +0.0 | CLASS III MILK (Mar 10) 12.84s +0.01 | CLASS III MILK (Apr 10) 12.63s - 0.04 | CLASS III MILK (May 10) 13.11s +0.01 | BUTTER - GRADE AA (Mar 10) 147.00s +0.00 | BUTTER - GRADE AA (May 10) 151.00s +0.00 | BUTTER - GRADE AA (Jul 10) 154.00s +0.00 - Mouse over for last update
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Many believe expected 2010 corn acres won't or can't be planted as the snow-battered Corn Belt is wet and soggy with some fields still sporting unharvested corn. This argument has been heard before, and despite popular belief, it is likely that intended acres will get planted and off to a good start as spring rolls on.
Retail fertilizer prices continue to show little movement in any direction, as wet field conditions across the Midwest have prevented farmers from applying fertilizer.
Private analytical firm Lanworth is still telling clients the 2009 corn and soybean crops were smaller than USDA has reported, and it looks to upcoming USDA stocks reports to reconcile the differences.
Ahead of anticipated U.S. Environmental Protection Agency action on higher ethanol blends, a leading equipment maker announced Monday that it has received approval for pumps capable of dispensing ethanol blends of up to E25.