Markets Articles
WASDE Report As Neutral As Can Be
Published March 9, 2024
Following a lackluster WASDE report, Total Farm Marketing Market Advisor Brandon Doherty says it’s a bit surprising that wheat held on to gains from earlier in the day through the close of business Friday. “The U.S. numbers are just about…WASDE Report Draws Minimal Reaction
Published March 8, 2024
Not much changed in this month’s USDA WASDE report. Summit Commodity Brokerage partner Tomm Pfitzenmaier points to the South America crop projections as one of the few notes of interest. "The most interesting thing about the report probably was the…New Crush Facilities Not Without Some Risk
Published March 7, 2024
Soybean meal and oil supply is likely to boom with the opening of multiple crush facilities. This rise comes with the potential risk of outweighing demand and could lead to some turmoil in the markets. "Even if the markets do…Texas Ranchers Face Significant Losses
Published March 5, 2024
Texas continues to deal with the largest wildfire in state history. According to Hill County Extension Agent Andy Holloway the losses are continuing to mount for these Texas Panhandle ranchers. "The value of these cattle is at record highs so…Potatoes Generate Dollars for the General Economy
Published March 5, 2024
Michigan State University has released a study evaluating the importance of exports for the U.S. potato industry and the general economy. National Potato Council CEO Kam Quarles said this is new research and it delivered impressive results. "A little over $4.5…Incentives Available for Regenerative Agriculture
Published March 5, 2024
Truterra has a new grant program for farmers considering regenerative agriculture. Senior Manager of Programs and Grants Amber Leusink says this program helps farmers when trying a new farming practice. "Trying no-till for the first time or strip-till, or planting…Out of Whack
Published March 5, 2024
The Red Sea and Suez Canal are not major shipping channels for agriculture. However, Scott Sinner from SB&B Foods at Casselton says the impact will be felt. "We may not have a whole lot of U.S. soy going through the Suez…A Difficult Farm Economy
Published March 5, 2024
Margins will be tighter on the farm this year. FBN Financial General Manager Dan English cites the current economic environment. "This certainly isn't going to be as profitable of a year unfortunately as we saw a year or two ago," said…A Limited Number of Contracts Available for Omega-3 Canola Production
Published March 5, 2024
Nuseed is contracting with farmers for its Omega 3 canola production system. North American Strategic Marketing Manager Debbie Stiles says a limited number of contracts are available. "Today, we have about 30,000 acres of contracts available so not many. If…