Returning Visitor?  Sign In   New to DTN?  Register
LOGIN TO MyDTN:
 
USDA Crop Reports Summary
Fri May 9, 2008 08:23 AM CDT
USDA Sees More '08 Corn Stocks
At the end of 2008/09, there will be more corn but fewer soybeans on hand than analysts were expecting, USDA reported early Friday. With a demand-driven, 45-percent year-over-year drawdown in U.S. corn ending stocks, however, that market's bullish trend is expected to continue, according to DTN Analyst Elaine Kub.
 
Bush Veto Could Plow Under Farm Bill
Schafer: Farm Bill 'Wasteful and Irresponsible'
Brazil Update: Outlook
Winter Corn Crop Lucrative, But Still Risky
Scouts Expect Above-Average Crop
Wheat Tour Estimate Second Highest in a Decade
DTN Blogs & Forums
 

DTN Market Matters Blog
Cash Markets Push for Bargains Before USDA Reports

DTN Ethanol Blog
Texas Comptroller Opposes Favoring Ethanol

DTN Ag Weather Forum
Add NOAA To The Bandwagon

DTN Production Blog
JumpStart

DTN Ag Policy Blog
Republicans Key to Farm Bill

Minding Ag's Business
The Profit Gulf Widens

In Other Media Blog
Ethanol Byproduct Bill Sought in North Dakota

Today's Markets
DTN Early Word Grains 6:05AM
Grains, Soybeans to Open Higher
Corn futures opened 6 to 8 higher; soybeans 9 to 16 higher; wheat 15 to 20 higher. Solid gains were posted in overnight trade as weather and outside markets dominated trade. USDA reports Friday morning are not expected to alter that call, but they could.
Contract Month Last Chg High Low
CORN [10] May-08 618'6s 17'2 621'0 606'0
Dec-08 646'2s 15'6 649'0 634'4
ELECTRONIC CORN [10] May-08 627'0 8'2 627'0 617'4
Dec-08 654'4 8'2 655'0 645'0
SOYBEANS [10] May-08 1298'2s 1'0 1305'0 1292'0
Nov-08 1245'6s 0'2 1250'0 1237'0
ELECTRONIC SOYBEANS [10] May-08 1309'0 10'6 1309'0 1301'0
Nov-08 1260'0 14'2 1260'6 1244'6
WHEAT [10] May-08 809'0s 14'0 825'0 807'0
Dec-08 856'2s 13'6 876'0 843'0
HARD RED WINTER WHEAT [10] May-08 900'0s 1'0 920'0 900'0
Dec-08 897'0s 9'0 912'0 889'0
HARD RED SPRING WHEAT [10] May-08 1210'0s 15'0 --- ---
Dec-08 916'6s 13'6 927'0 905'0
LIVE CATTLE [10] Jun-08 93.650s 1.825 94.150 91.850
Aug-08 99.300s 1.675 99.700 97.650
FEEDER CATTLE [10] May-08 106.775s 1.050 106.900 105.875
Aug-08 109.475s 1.200 109.800 108.275
ELECTRONIC COTTON # 2 [30] Jul-08 71.60 0.75 71.65 70.85
Fri, May 9, 2008 8:26 AM CDT     *Quotes are in market time.
Delay is indicated in brackets.
Today's Weather
Online Weather 6:08AM
Southern Midwest Sees Rain Friday
Light to moderate rain, up to an inch precipitation, will move across the southern half of the Midwest Friday -- south of Interstate 80.
Your Location: