WebJun 13, 2024 · Purdue ag economists Nathanael Thompson and James Mintert broadcasted the June outlook monthly webinar on June 13, 2024. The webinar took place following the release of USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.The Center for Commercial Agriculture’s team reviewed new … WebOct 4, 2024 · The national average basis for corn was 2 cents stronger at 3 cents under the December futures contract, while the DTN National Corn Index was up 5 cents at $6.80. …
UNITED STATES DEPARTMENT OF AGRICULTURE Farm Service …
WebApr 11, 2024 · For the near term we expect corn basis and corn futures volatility to remain elevated. While CME corn futures prices may decline, cash values in Texas, Kansas and ... input and production costs to robust corn futures prices, 2024 and early 2024 presented the U.S. corn grower with numerous opportunities to secure favorable hedges for MY 23/24 ... WebApr 3, 2024 · The U.S. ethanol industry entered 2024 on a high, with weekly profits just missing a new all-time high in November 2024. ... Historical corn basis for seven regions in Illinois. Basis and cash prices are reported weekly from 1975. File is in Microsoft Excel format. Get the Data. twining middle school grand forks
Weekly Grain Basis Rabo AgriFinance
WebOverall, basis for the week ranged from 60 under to 46 over, with an average of 3 over the May futures at elevators and barge points. May 2024 corn futures closed at $6.43, down 17 cents since last Friday. For the week, May 2024 corn futures traded between $6.41 and $6.68. July 2024 corn futures closed at $6.19, down 17 cents since last Friday. WebOct 8, 2024 · Carmack said soybean and corn basis levels were a negative $1.25 per bushel or more during the first week of October. "We normally see a weaker basis at harvest, but maybe only a 20-cent drop. WebOct 4, 2024 · Breakeven prices in 2024 were approximately 26% above those for 2024. For full-season soybeans, the breakeven price to cover all costs was $12.53 for average productivity soil and $11.60 for high productivity soil, which was approximately 15% above the breakeven prices in 2024. Looking ahead to 2024, breakeven prices for corn and … taino towers apartment applications