DTN Retail Fertilizer Trends
Wednesday, May 31, 2023 4:49PM CDT
For the first time in roughly six months, most retail fertilizer prices are higher compared to last month. Five of the eight major fertilizers are now more expensive compared to last month. One fertilizer, urea, showed a significant increase. The nitrogen fertilizer is 5% higher compared to last month with an average price of $623/ton.
Texas Flooding Causes Cattle Losses
Wednesday, May 31, 2023 2:07PM CDT
Massive amounts of rainfall in the Texas Panhandle during the weekend caused cattle deaths in the region's feedyards, but analysts believe the effect on the cattle market will be minimal.
Easterday Faces Permanent Trading Ban
Wednesday, May 31, 2023 5:00AM CDT
Former eastern Washington rancher Cody Allen Easterday agrees to permanent trading ban and will pay a $1 million fine to the Commodity Futures Trading Commission as part of a consent decree signed last week.
Right, Left Split on Debt Limit Deal
Tuesday, May 30, 2023 5:01PM CDT
The bill, the Fiscal Responsibility Act, released over the weekend by Rep. Kevin McCarthy, R-Calif., would cover U.S. debt obligations through Jan. 2, 2025. The House was called back into session to vote on the bill. A provision that came out of the talks would extend the ages for people who could lose SNAP benefits if they do not work.