Markets Articles

Wheat Markets Find Strength, Corn Lower on Friday

Published Today

On Friday, the wheat markets found strength on chatter Russia will limit exports. "The numbers discussed weren't enough to disrupt anything significantly. I do think it was a positive headline," said Joe Vaclavik, president, Standard Grain. "Also, the ethanol situation…
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Good Demand for U.S. Ag Products

Published Today

Trade is considered a bright spot going into Tuesday’s USDA Quarterly Stocks and Planting Intentions report. "We didn't lose demand in the agriculture sector during some of the worst times when it comes to the coronavirus outbreak," says Mike Zuzolo,…
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More Hogs and Pigs on SD Farms

Published Today

There were a record 2.03 million hogs and pigs on South Dakota farms as of March 1. That's according to the latest USDA National Ag Statistics Service Hogs and Pigs report. The March 1 inventory is up one percent from…
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Fewer MN Hogs and Pigs in March

Published Today

According to the USDA, there were 9.3 million hogs and pigs on Minnesota farms as of March 1. The inventory is down one percent from the previous quarter, but six percent more than one year ago. Marketings were up six…
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Traders Move Beyond H & P Report to Focus on Demand

Published Today

USDA’s quarterly hogs and pigs report was generally within pre-report trade expectations. The total swine herd inventory is up four percent from last year, but down one percent from December. The breeding herd is up slightly from last year and…
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An Ethanol Demand Decline Could Impact U.S. Corn Acres

Published March 25, 2020

Market analysts are expecting the USDA to forecast up to 96 million acres of corn and up to 86 million acres of soybeans to be planted in the U.S. this year. According to Todd Hubbs, an agricultural economist at the…
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More Chinese Corn Purchases Could Narrow Local Basis

Published March 25, 2020

Corn basis is widening at ethanol plants as demand dries up. In the Northern Plains, basis widened by 5 to 10 cents in the last week. Bids range from 50 to 70 cents under the May futures contract, with ethanol…
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