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Saturday July 5, 2008 | 4:57 AM 

 

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DTN Top Stories

Though portions of South Australia, Victoria and New South Wales received some rain during May and June, those areas will need additional showers to recover from drought, according to DTN Meteorologist Joel Burgio. See DTN Ag News. BFull Story...

A coalition of food-processing companies and trade groups for livestock producers are asking President Bush to suspend the tariff on imported ethanol. See DTN Ag News. BFull Story...

Olsen Custom Farms focuses on recruitment and management to keep their foreign work force happy and their combines running. See DTN Ag News. 1^Full Story...

Science and technology ministers, meeting ahead of the G8 Summit in Hokkaido, Japan, addressed global food shortages and high prices. Part of their report called on expanded use of biotechnology to increase food production. See DTN Ag News. @^Full Story...

The first half of July features a continued chance for wet weather, rather than hot and dry conditions, in the Corn Belt. See DTN Ag News. 4^Full Story...


Summer Weather Outlook -- 4
7/03 2:58 PM
Though portions of South Australia, Victoria and New South Whales received some rain during May and June, those areas will need additional showers to recover from drought, according to DTN Meteorologist Joel Burgio.
Hunger Group Calls for Grain Reserve
7/03 11:33 AM
The key food program headed by the United Nations wants major industrial countries to develop a grain reserve to help during times of high commodity prices.
Groups Want Tariff Dropped
7/03 11:28 AM
A coalition of food-processing companies and trade groups for livestock producers are asking President Bush to suspend the tariff on imported ethanol.
Ethanol Doom Tales Premature
7/02 2:20 PM
Though DTN's hypothetical ethanol plant has been struggling with negative profit margins since January, two analysts who follow profitability closely said some doomsday scenarios may be premature.

DTN Market Matters Blog
What They Said: Corn Bulls Alive and Well
Pat Hill (Bio) – DTN Markets Blogger

Corn may have shed a dime in this short week of trade, but bullish sentiment remains palpable. [Read and Comment on Full Blog]

Posted at 2:57PM Thu Jul 3, 2008 CDT

DTN Weather Summary
Light Rains Friday Ohio Valley, Delta
Bryce Anderson (Bio) – DTN Meteorologist

Light rains will continue Friday in the Ohio Valley and northern Delta, with mostly dry weather in the rest of the main U.S. crop areas. The heart of the holiday weekend will feature rain pushing into the Southeast through the East Coast. » More DTN Weather Commentary

Posted at 3:27PM Thu Jul 3, 2008 CDT

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Quotes
 
C - CORN - CBOT
  High Low Last Chg
Jul 746'0s -2'6
Sep 757'6s -3'2
Dec 777'0s -3'4
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1658'0s 12'2
Aug 1649'0s 9'4
Sep 1637'2s 5'2
 
W - WHEAT - CBOT
  High Low Last Chg
Jul 872'6s 7'4
Sep 887'4s 7'2
Dec 910'2s 6'6
 
FC - FEEDER CATTLE - CME
  High Low Last Chg
Aug 0.000 0.000 111.575s - 0.575
Sep 0.000 0.000 113.200s - 0.425
Oct 0.000 0.000 115.050s - 0.250
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Aug 0.000 0.000 103.800s - 0.200
Oct 0.000 0.000 111.525s - 0.225
Dec 0.000 0.000 114.500s 0.075

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