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Friday May 9, 2008 | 11:35 AM 

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Cash Markets Push for Bargains Before USDA Reports
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DTN Market Matters Blog
Cash Markets Push for Bargains Before USDA Reports
Pat Hill (Bio) – DTN Markets Blogger

Thursday may have been the last day this week that traders could expect anything like "normal" intraday volatility levels. USDA will weigh in with new crop supply and demand estimates Friday morning, and the December corn contract surged through the last known potential resistance level at $6.50 during the electronic overnight session. Therefore, cash bidders were as reluctant as they could be leading into the final, and likely the most volatile, trading day this week. [Read and Comment on Full Blog]

Posted at 6:43AM Fri May 9, 2008 CDT

 
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Local Conditions
Missouri Valley, IA
Chg Zip Code: 
Temp: 56oF Feels Like: 56oF
Humid: 70% Dew Pt: 46oF
Barom: 29.85 Wind Dir: N
Cond: Cloudy Wind Spd: 0 mph
Sunrise: 6:10 Sunset: 8:31
As reported at TEKAMAH, NE at 11:00 AM
 
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Missouri Valley, IA
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DTN Soybean Rust Center
Latest DTN Soybean Rust News

New Soybean Rust Host Found in U.S.

My LDP
 
Chg Zip: 
County LDP
Harrison, IA PCP LDP Date
 Barley 4.69 - 2.94 5/9
 Canola 24.15 - 15.44 5/9
 Corn 5.72 - 3.87 5/9
 Durum 0.00 0.00 5/9
 Flaxseed 27.95 - 18.44 5/9
 HRS 0.00 0.00 5/9
 HRW 8.08 - 5.14 5/9
 Oats 3.38 - 2.03 5/9
 RapeSeed 24.41 - 16.90 5/9
 Sorghum 9.92 - 6.65 5/9
 Soybeans 12.20 - 7.31 5/9
 Sunflower Oil 28.54 - 20.58 5/9
 Sunflower Seed 28.54 - 20.58 5/9
 Wheat 6.53 - 4.04 5/9
 White 0.00 0.00 5/9

 
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