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Local Cash Bids

Estherville, IA	Cash	Basis
Corn Jul 09
Oct 09
Jan 10
Jewell, IA	Cash	Basis
Corn Jul 09
Oct 09
Jan 10
Loogootee, IN	Cash	Basis
Corn Jul 09
Oct 09
Jan 10

Price as of 07/03/09 10:59PM CDT.

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Quotes

@C - CORN - CBOT
	Last	Chg
Jul	345'6s	-6'0
Sep	345'6s	-10'6
Dec	357'4s	-11'6

@S - SOYBEANS - CBOT
	Last	Chg
Jul	1243'0s	-15'4
Aug	1154'0s	-6'4
Sep	1061'0s	-7'4

@SM - SOYBEAN MEAL - CBOT
	Last	Chg
Jul	4112s	- 70
Aug	3822s	- 20
Sep	3488s	- 4

LH - LEAN HOGS - CME
	Last	Chg
Jul	59.975s	0.725
Aug	61.150s	0.450

Quote of the Day

"A wise man will make more opportunities than he finds."

Sir Francis Bacon (1561 - 1626), English Philosopher

Ask the Taxman by Andy Biebl

7/02 8:21 AM

Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit.

Aphid Prospects for 2009

7/02 7:55 AM

Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment.

Midsummer Weather Outlook - 4

7/02 6:24 AM

Weather improves for U.S. wheat, but stays dry in the Canadian Prairies.

Animal ID Meetings Lose Steam

7/01 8:16 AM

A USDA meeting on animal identification in Omaha didn't generate the volume of people or protests as at earlier events, but one rancher testified that her cattle have been tagged against her will because of bovine tuberculosis.

Local Conditions

Jackson, MN

Chg Zip Code:
Temp:	63^oF	Feels Like:	63^oF
Humid:	88%	Dew Pt:	59^oF
Barom:	30.10	Wind Dir:	SE
Cond:	Rain	Wind Spd:	12 mph
Sunrise:	5:44	Sunset:	9:04
As reported at JACKSON, MN at 10:00 PM

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	Local Radar
	Jackson, MN

	Chg Zip Code:



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Local Forecast

Jackson, MN

Change Zip:
Saturday	Sunday	Monday	Tuesday	Wednesday
Hi: 72^oF Lo: 56^oF	Hi: 79^oF Lo: 56^oF	Hi: 82^oF Lo: 60^oF	Hi: 87^oF Lo: 65^oF	Hi: 91^oF Lo: 68^oF

View complete Local Weather

	DTN Week in Review PodCast
	Listen to DTN's Week in Review on your computer or mp3 player. Click here

	DTN Top Stories
	Normal monsoon rains are behind schedule in China and India; conditions are also dry in Ukraine. See DTN Ag News. BFull Story... Don't make the mistake of dismissing the flu-pandemic talk as meaningless hype. This flu's implications for agriculture go well beyond the effects of its unfortunate popular name on pork producers. See DTN Ag News. BFull Story... Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment. See DTN Ag News. BFull Story... Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit. See DTN Ag News. 1^Full Story... USDA is predicting a larger corn carryout for the current crop year and larger production for the new corn crop. Combine that with a weak demand outlook, and it will be hard for futures prices and basis levels to rally without something to drive demand. See DTN Ag News. BFull Story...

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DTN Market Matters Blog

Extended eCBOT Minutes Look Good

Pat Hill (Bio)
DTN Markets Blogger

The CME Group's decision to extend overnight electronic trade until 7:15 a.m. Central Time is a welcome change, but it's too soon to say whether it will have any market impact. [Read and Comment on Full Blog]

Posted at 11:24AM
Thu Jul 2, 2009 CDT