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DTN Top Stories

Weather improves for U.S. wheat, but stays dry in the Canadian Prairies. See DTN Ag News. BFull Story...

Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment. See DTN Ag News. BFull Story...

Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit. See DTN Ag News. 1^Full Story...

USDA is predicting a larger corn carryout for the current crop year and larger production for the new corn crop. Combine that with a weak demand outlook, and it will be hard for futures prices and basis levels to rally without something to drive demand. See DTN Ag News. BFull Story...

Informa predicts USDA will increase its forecast for 2009 U.S. hard red winter wheat production to 915 million bushels, 47 million above last month's estimate. See DTN Ag News. :^Full Story...

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DTN Ethanol Center
Latest DTN Ethanol Center News

Ethanol Plant Back Into Black
Lower corn prices have helped to push our hypothetical ethanol plant back into the black.

DTN National Cash Indices

Index Last Chg
Corn Cash Index $3.27 0.04
Soybean Cash Index $11.91 0.36
SRW Wheat Cash Index $4.11 - 0.01
HRW Wheat Cash Index $5.10 - 0.04
HRS Wheat Cash Index $6.02 - 0.00


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Local Cash Bids
Hancock Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Avoca Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Walnut Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Oakland Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Griswold Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Neola Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Shelby Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Elk Horn Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Portsmouth Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Persia Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Harlan Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Emerson Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Elliott Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Hastings Delivery Basis Cash  
 #2 Yellow Corn Jul 31, 09
 #1 Yellow Soybeans Jul 31, 09
Price as of 07/02/09 11:05PM CDT.
Click to view more Cash Bids

Cash Soybean Bids
We will pay up to a $0.05/bu premium to pick soybeans up off of the farm. (This applies to all months outside of harvest, ie September/October/November).

Quotes
 
C - CORN - CBOT
  High Low Last Chg
Jul 349'0 345'0 345'6s -6'0
Sep 351'4 345'0 345'6s -10'6
Dec 364'0 357'0 357'4s -11'6
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1256'0 1225'0 1243'0s -15'4
Aug 1160'0 1133'0 1154'0s -6'4
Sep 1061'0 1061'0 1061'0s -7'4
 
W - WHEAT - CBOT
  High Low Last Chg
Jul 504'4 504'4 500'2s -6'0
Sep 537'0 528'0 529'0s -6'4
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Aug 85.050 84.500 84.875s - 0.875
Oct 90.250 89.400 90.225s - 0.550
 
LH - LEAN HOGS - CME
  High Low Last Chg
Jul 60.100 59.000 59.975s 0.725
Aug 61.300 59.600 61.150s 0.450

 
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Local Conditions
Hancock, IA
Chg Zip Code: 
Temp: 68oF Feels Like: 68oF
Humid: 83% Dew Pt: 63oF
Barom: 30.09 Wind Dir: N
Cond: Clear Wind Spd: 0 mph
Sunrise: 5:51 Sunset: 8:57
As reported at ATLANTIC, IA at 10:00 PM
 
Local Radar
Hancock, IA
Radar
 
Local Forecast
Hancock, IA

Friday

Saturday

Sunday
Hi: 78oF
Lo: 60oF
Hi: 73oF
Lo: 64oF
Hi: 80oF
Lo: 63oF
View complete Local Weather
 
DTN Weather Summary
Rains in Northern Plains Friday
Bryce Anderson (Bio)
DTN Meteorologist

Friday will feature thunderstorms with light to moderate rain in the Northern Plains. This unsettled weather pattern will continue into the Independence Day holiday Saturday over the northern and western Plains through western Midwest. » More DTN Weather Commentary

Posted at 1:32PM
Thu Jul 2, 2009 CDT

Quote of the Day


"In a time of drastic change it is the learners who survive; the 'learned' find themselves fully equipped to live in a world that no longer exists."

~ Eric Hoffer,  (1902-1983), American social philosopher


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DTN Soybean Rust Center
Latest DTN Soybean Rust News

Rust Confirmed in Ala., Tex.

 
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