DTN Oat And Barley News

DTN Closing Grain Comments 09/28 13:52 Grains Mixed Ahead of Harvest Progress Update December corn ended up 1 1/2 cents and November soybeans were down 6 1/4 cents Monday, despite more bullish export sales news for both. December KC wheat was up 7 1/2 cents, leading percentage gains in the grains sector with USDA ready to give updates of harvest and planting progress at 3 p.m. CDT.

DTN Weather Trend Indicators 09/28 14:20 Weather Indicator status values are: Corn=Neutral Soybeans=Neutral Wheat=Neutral LEGEND: The indicator choices are: Corn, Soybeans, Wheat The status choices are: Up, Down, Neutral For example: Corn=Neutral

DTN Midday Grain Comments 09/28 11:07 Grains Mixed at Midday Corn is 1 to 2 cents higher, soybeans are 6 to 7 cents lower, and wheat is flat to 4 cents higher. David M. Fiala DTN Contributing Analyst The U.S. stock market is firmer with the Dow up 490 points. The dollar index is 30 points lower. Interest rate products are lower. Energies are firmer with crude $0.18 higher. Livestock trade is mixed. Precious metals are higher with gold up $9. CORN Corn trade is 1 to 2 cents higher at midday with trade bouncing back from the early test of support as harvest expands. The daily export wire had sales of 207,140 metric tons sold to unknown, and 110,800 metric tons to Japan. Ethanol margins are steady with unleaded holding near the upper end of the recent range. Basis should see pressure this week with more bushels coming in to town. Weekly export inspections were ok at 806,327 metric tons, with weekly crop progress showing steady to slightly lower conditions with maturity and harvest ahead of average. On the December contract, trade has support at the $3.65 20-day moving average which are tested overnight then the $3.52 lower Bollinger band, with the recent high at $3.78 as resistance. SOYBEANS Soybean trade is 6 to 7 cents lower with trade seeing further harvest pressure and long liquidation ongoing to start the week, even as we saw further export sales of 218,300 metric tons to unknown. Meal is 7.50 to 8.50 lower and oil is 5 to 15 points higher. The ral remains in the lower end of the range ahead of South American planting with farmers waiting for seasonal rains while Argentine farmer selling remains slow, with Brazil heavily sold ahead. Export offers continue to get tighter in availability as well with meal driving the product complex while strain on domestic logistics will increase as shipping pace needs to rise with export inspections a little disappointing at 1.211 million metric tons. Weekly crop progress should show steady to lower conditions with maturity and harvest ahead of normal. The November chart has resistance at the upper Bollinger Band at $10.46 3/4 which is also the fresh high with support the 20-day at $9.93 which we have tested this a.m. WHEAT Wheat trade is flat to 5 cents higher at midday with light buying emerging after early weakness. Export competiveness remains about the same with the focus remaining on Europe dryness along with US plains progress. KC is at a 68-cent discount to Chicago with spreads narrowing after the recent strength, while Minneapolis is back to a 18 cent discount with weaker action. Wheat drilling progress should expand across the plains short term with ok moisture for most for now but follow up rain lacking overall. Weekly export inspections are expected were good at 563,427 metric tons, with planting progress nearing halfway with emergence a little better than average. KC December chart resistance is the fresh high at $5.09, and support is the 20-day at $4.78, which we are just above with the lower Bollinger band the next level at $4.61. David Fiala is a DTN contributing analyst and the President of FuturesOne and a registered adviser. He can be reached at dfiala@futuresone.com Follow him on Twitter @davidfiala (c) Copyright 2020 DTN, LLC. All rights reserved.

DTN Early Word Grains 09/28 05:56 Grains Weaker on Fund Positions, Hedge Pressure December corn is down 3 cents per bushel, November soybeans are down 1/2 cent, and December KC wheat is down 3 1/2 cents. Tregg Cronin DTN Contributing Analyst Pre-6 a.m. Globex Prices: December corn is down 3 cents per bushel, November soybeans are down 1/2 cent, and December KC wheat is down 3 1/2 cents. CME Globex Recap: Equity markets are firmer out of the gate this week with U.S. futures pointed at a higher open later Monday morning. Intermediate term trends are still down on U.S. stock futures but E-mini S&P's were able to hold their 100-day moving average last week heading into what should be a volatile October. Energy markets are weaker overnight with spot crude oil futures right back to $40.00 per barrel. Natural gas is down over 2.0% overnight. The U.S. Dollar Index is weaker overnight after it rallied to two-month highs last week. Precious metals are softer overnight. Grain markets are mostly weaker overnight with corn and wheat leading losses. Corn and soybeans are feeling the effects of increased harvest pressure across the Midwest as well as larger than expected fund long positions following the recent rally. OUTSIDE MARKETS: Previous closes on Friday showed the Dow Jones Industrial Average up 358.52 at 27,173.96 and the S&P 500 up 51.87 at 3,246.59 while the 10-Year Treasury yield ended at 0.659%. Early Monday, the December DJIA futures are up 344 points. Asian markets are mixed with Japan's Nikkei 225 up 307 (1.32%) and China's Shanghai Composite down 1.88 points (-0.06%). European markets are higher with London's FTSE 100 up 75 points (1.28%), Germany's DAX up 304.95 points (2.45%) and France's CAC 40 up 81.51 points (1.72%). The December Euro is up 0.004 at 1.170 and the December U.S. dollar index is down 0.307 at 94.375. The December 30-Year T-Bond is down 11/32nds, while December gold is down $5.60 at $1,860.70 and November crude oil is down $0.18 at $40.07. Soybeans on China's Dalian Exchange were down 0.16% while soybean meal was up 1.02%.

USDA National Sunflower Summary 12/06 08:05 MS_GR851 Minneapolis, MN Thu Nov 29, 2018 USDA Market News National Sunflower Summary - Effective December 6, 2018. Effective December 6, 2018, information on this report will no longer be updated, you can access all data included in this report by utilizing the links provided. If you have questions, please call 612-370-3258 or email Websupport.LPGMN@ams.usda.gov. REGUALR SUNFLOWERS CO - https://www.ams.usda.gov/mnreports/gl_gr111.txt NUSUN - MID-OLEIC SUNFLOWERS ND - https://www.ams.usda.gov/mnreports/ms_gr111.txt KS - https://www.ams.usda.gov/mnreports/dc_gr111.txt SUNFLOWER MEAL ND - https://www.ams.usda.gov/mnreports/ms_gr111.txt FOR ADDITIONAL MARKET INFORMATION https://www.ams.usda.gov/market-news/livestock-poultry-grain Source: USDA Market News Service, Minneapolis, MN 612-370-3258 Minnesota.LPGMN@ams.usda.gov 24 hour price information 612-370-3260 www.ams.usda.gov/mnreports/ms_gr851.txt www.ams.usda.gov/lpsmarketnewspage 14:21 kmb

Baby your canola in the bin 09/07 -from www.aginfonet.com You can't just dump canola in the bin and expect it to stay in great shape until you're ready to sell. Canola Council of Canada agronomist David Vanthuyne says "you have to baby canola in the bin"! Vanthuyne advises growers to condition canola to safe temperature and moisture levels and then regularly monitor the binned crop for signs of mould or heating. Conditioning involves moving air through the seed to prevent spoilage that results from moisture migration and seed respiration. Vanthuyne says canola harvested much above 8% moisture must be conditioned, especially if grain temperatures are above 25 C. He says the object is to cool the seed below 15 C and lower its moisture content to 8% moisture. "Aeration and/or turning the canola can be an effective way to avoid spoilage", Vanthuyne says. But if moisture levels are above 10% to 12%, he recommends heated air drying. Growers can't drop their vigil once they've conditioned canola. Freshly harvested canola can maintain a high respiration rate for up to six weeks before becoming dormant. Vanthuyne explains that "this sweating stage is a very unstable condition for binned canola". The agronomist suggests growers monitor binned canola regularly because rapidly respiring seed produces heat and moisture, which favour storage mould growth. "Over time, the seed may become mouldy or heat damaged, and in severe cases it can ignite," he adds. For more information on safe storage of canola, visit these web pages: http://www.canola-council.org/safestorage.aspx http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/crop1301 http://www.agr.gov.sk.ca/docs/crops/oilseeds/graindrying1.asp For more information in your area, contact: John Mayko, Agronomic Research & Extension Manager, 780-764-2593 Derwyn Hammond, Manitoba, 204-729-9011 Jim Bessel, North Central & North Eastern Saskatchewan, 306-373-6771 David Vanthuyne, Eastern Saskatchewan, 306-782-7799 David Blais - Western Saskatchewan, 306-895-2122 Christine Mardell, Peace, 780-518-1513 Doug Moisey, Central Alberta, 780-645-3624 Matthew Stanford, Southern Alberta, 403-758-6660

Effective April 15, USDA is changing the way it calculates marketing loan repayment rates and loan deficiency payments. DTN is exploring whether we can publish the new calculations, which will be based on 5-day or 30-day moving averages. Until then, the rates can be found at http://www.fsa.usda.gov/FSA/displayLDPRates?area=home&subject=prsu&topic=ldp-ldp

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