NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Mon Mar 10, 2014 03:05 PM CDT

Shortly after the release of the March USDA Supply and Demand numbers Monday, the May soybean contract found itself trading about 36 cents lower. Staunch supporters of USDA reports took to social media proclaiming this to be unquestionable evidence of the importance of such events, as it tells the market what reality really is. It's a nice argument, don't get me wrong, said with gusto and the requisite fervor. However, I no more believe one proves the other than I do the argument that because we have microwave ovens, a UFO crashed at Area 51.

Let's take a look at ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Technically Speaking Blog
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments