Distiller Dried Grains Commodity Markets, Prices & Futures
Use the chart below to check futures prices for distiller dried grains. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Rough Rice
Randy Martinson with Martinson Ag says the wheat market is adding risk premium tied to weather and global production and geopolitical concerns and could continue to pull corn higher.
Lane Akre, economist with Pro Farmer, says says the wheat market could take out the March highs and help pull corn higher. He thinks markets are trading global production concerns.
The grain and livestock futures saw commodity wide fund buying with a risk on tone to the market according to DuWayne Bosse with Bolt Marketing.
Brad Kooima with Kooima Kooima Varilek says some of the recovery is technical in nature as the June live cattle bounce off of key support and the 38% retracement level around $243.00 last Thursday. However, there are also fundamental reasons for bounce.
Darren Frye with Water Street Solutions says corn and wheat are trading weather and have divorced from the war headlines.
Scott Varilek with Kooima Kooima Varilek says $243 was the line in the sand for the June live cattle or funds would liquidate and it held after Brooke Rollins canceled her trip to Arizona which alleviated fears of a border reopening.
Following a major stakeholder meeting, USDA is boosting survey sample sizes and moving data-focused offices out of D.C. to rebuild farmer trust and improve the accuracy of its agricultural reports.
Garrett Toay with AgTraderTalk says the HRW wheat market was adding weather premium with forecasts continuing to look hot and dry for the Southern Plains.
To raise your total farm yield average, Connor Sible recommends starting the planting process in your lower soil-testing fields, once they’re fit, and then transitioning to planting higher soil-testing ground.
Darin Newsom, senior market analyst with Barchart, says wheat is holding weather premium with the deteriorating crop conditions but longer term higher energy prices could spark some inflationary buying in grains.