Markets Articles
Traders Keep a Close Eye on Planting Progress
Published June 6, 2022
Summit Commodities market analyst Tim Marsh is surprised grain markets haven’t paid closer attention to unplanted acres in the Northern Plains. "If you do the math on unplanted acres, there was about 1.75 million acres of corn that wasn't planted…Wheat Markets Sharply Higher
Published June 6, 2022
Loewen and Associates market analyst Matt Hines says the wheat market is sharply higher on short covering and Russia-Ukraine news. "It started with the overnight trade. Wheat, corn and soybeans moved higher. Since then, corn is still holding on. The…Rising Energy Prices Threaten Economy
Published June 6, 2022
Energy prices continue to skyrocket. Utterback Marketing President Bob Utterback says the higher prices are likely the biggest threat to the economy. "With higher fuel prices, we'll see a significant increase of costs to the American consumer in all areas."…Beef Trade Agreement Updated
Published June 6, 2022
The United States and Japan have signed an agreement to revise the beef safeguard mechanism. U.S. Trade Representative Katherine Tai said this amendment to the U.S.-Japan trade agreement will allow U.S. exporters to meet Japan’s growing demand more reliably for…Russian Invasion Complicates Ukrainian Export Picture
Published June 6, 2022
From July of last year until now, Ukraine has exported over 47 million tons. That includes 148,000 tons during the first five days of June. Ukraine exported up to six million tons of grain per month before the Russian invasion.…What’s Hot, What’s Not in the Markets
Published June 6, 2022
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the market is being influenced by the latest developments in Ukraine. The EPA decision on renewable fuels is also a…Renewable Diesel Demand Driving ND Soy Crush Boom
Published June 3, 2022
Marathon Petroleum will take the soybean oil from the ADM soy crush facility in Spiritwood, North Dakota, refine it to make renewable diesel in Dickinson and send it on rail to the West Coast. Marathon Senior Vice President of Strategy…China Troubled by U.S.-Taiwan Trade Talks
Published June 2, 2022
Trade talks between the United States and Taiwan are on the table. This follow’s last month’s announcement the U.S. was working on a trade agreement with 12 Asian countries including Taiwan. The Chinese government is upset with a commerce ministry…A Global Famine Warning
Published June 1, 2022
Due to Russia’s blockade of Black Sea ports, Ukrainian President Volodymyr Zelensky is warning there is the threat of famine on a global scale. Zelensky claims Russia took at least a half million tons of grain and is preventing Ukraine…