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Just a reminder:  Harvest-time delivery of deferred purchase contracts is not allowed. (example:  You can not sell corn for January and deliver in October)


Tuesday, September 7, 2010  
 
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- DTN Headline News
9/3/10 4:02 PM Proposed rules would allow feed into Europe that is now rejected because of trace amounts of genetically engineered material.
9/3/10 4:00 PM Feverish opposition doomed USDA's proposed National Animal Identification System, but the backup plan of 50 state systems isn't likely to provide the rapid traceability needed to head off the worst consequences of contagious animal diseases.
9/3/10 3:57 PM Despite talk of eliminating all farm programs, Iowa Farm Bureau members on Friday voted to defend most programs but proposed eliminating direct payments in exchange for improved risk-management tools.
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DTN Market Headlines
Corn futures are expected to open 4 to 6 lower as of 7:15 a.m. CDT; soybeans 1 to 3 lower; wheat 11 to 13 lower.
Live and feeder cattle futures should start out with mixed prices as traders cautiously assess cash prospects. The pork complex is also expected to open with a lack of consistent price direction.
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