Markets Articles
Drought Hampers Barge Movement
Published October 5, 2022
The river shipping system is being plagued by low water on the Lower Mississippi River. "The water is so low in some spots they're not able to take barges tied together three wide, they're having to go down to two,"…Egyptian Wheat Mills Shut Down
Published October 5, 2022
Due to a dollar shortage, Egyptian importers have been unable to pay for wheat that is stuck in their ports. A total of 700,000 tons of wheat has not been released by customs. With this wheat unavailable, 80 percent of…Delaney Takes DC Job With Walmart
Published October 5, 2022
Patrick Delaney is the new director of federal government affairs for Walmart. Delaney has been the director of external affairs for the Senate Agriculture Committee. Before that, he was the communications director when Minnesota Congressman Collin Peterson chaired the House…NDGDA Testifies Before Surface Transportation Board
Published October 4, 2022
North Dakota Grain Dealers Association Past President Mark Hovland testified before the Surface Transportation Board in favor of the Canadian Pacific-Kansas City Southern merger. "Freight rates in North Dakota are some of the highest in the country when compared to similar…Pricing the 2023 Crop
Published October 4, 2022
Advance Trading Risk Management Advisor Tommy Grisafi said farmers seem to be reluctant to protect themselves by pricing the 2023 crop. "The price you're getting now is much higher than the price you'll get in a year so it tricks…Renewable Diesel Demand Driving Soy Crush Expansion
Published October 3, 2022
The U.S. has the capacity to crush 2.2 billion bushels of soybeans each year. With new facilities being built across the country, Rabobank Senior Grains and Oilseed Analyst Owen Wagner says crush capacity is expected to grow 30 percent in…A Small Grain Supply Shock
Published October 3, 2022
North Dakota Wheat Commission Policy and Marketing Director Jim Peterson says the USDA’s Small Grains Summary production forecast caught the market slightly off guard. Expectations were for steady to higher production compared to August. "Based on what we saw with…What’s Hot, What’s Not in the Markets
Published October 3, 2022
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says USDA has delivered positive news to the wheat market. "Soybeans are probably the weakest link in the markets right now,"…Slaughter Pace Not Sustainable
Published October 3, 2022
Last year’s drought in the Northern Plains combined with the current dry conditions in the Southern Plains increased the number of cull cows moving through the auction markets. The U.S. cow herd is record low and DTN Market Analyst ShayLe…