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May 23, 2025, 12:00 AM - May 24, 2025, 12:00 AM

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Commodity Headlines

Oil Falls as Potential for Fresh Iranian Supplies Adds to Gloom

May 16, 2025 2:03 PM

Source: Bloomberg

(Bloomberg) -- Oil fell for a second day after President Donald Trump said the US and Iran are getting closer to a deal regarding Tehran’s nuclear program, a move that could unleash more supplies onto a market that is rapidly approaching a glut.

Brent fell more than 2% to settle below $65. US crude futures also slid.

If all sanctions on Iran are lifted, a flood of crude …


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Local Grains

Last Updated May 21, 2025 8:42 AM*
Corn Old Crop New Crop
Location
Pro, Valero-Alternative -.13N -.40
Lakota Ethanol - GPRE, Superior -.11N -.25
CFE, Ocheyedan +.06N -.38
New Vision, Wilmont -.18N -.43
Stateline Co-op, Halfa -.45Z -.40
Smithfield Grain, Algona +.05N -.25
Poet Bio Refining, Emmetsburg +.00N -.25
New Co-op Max, Fostoria -.15N -.40
New Co-op Max, Mallard -.15N -.40
New Co-op, Palmer -.10N -.40

Soybeans Old Crop New Crop
Location
Pro, Valero-Alternative -.43N -.70
Meadowland Co-op, Lamberton,MN -.55N -.60
CHS, Fairmont -.00N -.50
CFE, Ocheyedan -.50N -.70
AgState, Emmetsburg -.38N -.67
AgState, Hartley -.45N -.70
AgState1, Laurens -.45N -.70
New Co-op Max, Mallard -.43N -.70
New Co-op Max, Fostoria -.43N -.70
New Co-op, Palmer -.43N -.70

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*This information was current as of this date. We believe it to be accurate but assume no responsibility.

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Dan KnaakTodd Gonnerman