Markets Articles
Replacement Heifer Values Remain Lofty
Published Yesterday
A spring lull in auction barn receipts is happening, but Lake Region Livestock owner Chris Plummer says the cash cattle markets remain strong. "These big cattle may be backed up just a little bit here recently but, everything is holding…Export Restrictions Due to Avian Influenza
Published Yesterday
Colombia is the first country to restrict U.S. beef imports due to Bovine Influenza A Virus. This ban includes beef products that came from cattle slaughtered in South Dakota, Texas, Idaho, Kansas, Michigan, New Mexico, North Carolina and Ohio. Colombia…Opportunities for ND Agriculture
Published April 25, 2024
North Dakota Agriculture Commissioner Doug Goehring was part of the USDA trade delegation in India. "I'm encouraging our companies to continue to seek this market." Goehring said India can learn about farm production from the U.S. "We're doing more with…Forging Trade Relationships with India
Published April 24, 2024
Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor led a USDA trade mission to India. The delegation included officials from 47 agribusiness and farm organizations and 11 state agriculture departments. Taylor said India was an easy choice for…Cow Prices Soar Thanks to Lean Beef Trimmings
Published April 23, 2024
Ninety percent lean beef trimming, used in ground beef formulations, has been trading at record-high prices. Perham Stockyards and Tri-County Stockyards owner Mitch Barthel says it’s a combination of things that has beef prices soaring. "The Covid shortage from two…A Few Surprises in COF Report
Published April 22, 2024
The placements number in Friday’s USDA Cattle-on-Feed report were 12 percent below one year ago, well below trade expectations. The total on-feed supplies are up one percent from a year ago. Heifers and heifer calves on feed were also up…China Returns the Favor
Published April 22, 2024
Days after President Biden imposed higher tariffs on Chinese steel, China responded with a 43.5 percent levy on a chemical made in the U.S. Propionic acid is used in animal feed to prevent mold. It is also used in herbicides,…Good for the Environment, Good for the Pocketbook
Published April 22, 2024
National Corn Growers Association President Harold Wolle describes the E15 waiver as a temporary solution. The Madelia, Minnesota farmer would like to see nationwide approval for E15. Wolle appreciates the consumer demand for the 15 percent ethanol blended fuel. "It's good for…What’s Hot, What’s Not in Markets
Published April 22, 2024
It's Monday. That means the weekly episode of What's Hot, What's Not in Markets is on the air. Martinson Ag Risk Management President Randy Martinson cites the financial markets, including Wall Street and the value of the U.S. dollar. "I…