Markets Articles
A Bearish Cattle-on-Feed Report
Published May 23, 2022
The number of cattle and calves on feed nationwide totaled 12 million head on May 1. That’s two percent above last year and is the highest May inventory since this series of reports began in 1996. Placements are down one…Trade Framework Agreement Announced
Published May 23, 2022
The United States is working on a new trade deal with 12 Indo-Pacific nations. President Joe Biden outlined the framework agreement while in Tokyo. Biden said this agreement would help prepare these economies for the future. "Let's create a first-of-its-kind…Profit-Taking in Wheat Markets Going Into Weekend
Published May 20, 2022
There was profit-taking in the wheat markets on Friday. Ever Ag market analyst Matt Tranel says that follows the run up in prices following India’s export ban. "That wasn't necessarily a surprise, but it was a disappointment to the markets.…Wheat is Available, Distribution is the Problem
Published May 20, 2022
Despite the issues in the Black Sea and the weather-related problems in the United States, the supply of wheat worldwide is adequate. "We're not going to run out of wheat; people will be able to buy wheat, but it will…Dry Bean Scene
Published May 19, 2022
The Dry Bean Scene is brought to you by the Northarvest Bean Growers Association. In this week's Dry Bean Scene, U.S. Dry Bean Council Executive Director Rebecca Bratter talks about the recent worldwide export report for dry edible beans.Wettest Spring on Record
Published May 19, 2022
Farmers across the Northern Plains should not expect any significant relief from the stubborn wet weather pattern. "You're going to start to see some windows open but they're not going to open wide; maybe four-or-five days may be at a…China’s Three-Year Ban on Canadian Canola Imports Ends
Published May 19, 2022
China suspended Canadian canola exports in March of 2019, claiming there was a problem with recent shipments. However, most analysts believe the trade dispute was tied to Canada’s decision to extradite a Chinese business executive, who was facing fraud and…Milk Production Drops
Published May 19, 2022
U.S. milk production declined less than one percent from April 2021 to April 2022. South Dakota had the biggest growth with April milk production up nearly 17 percent. Minnesota milk production declined 1.4 percent. Wisconsin was down 0.1 percent and…House Approves Meat Processing Expansion Bill
Published May 18, 2022
The U.S. House of Agriculture held a committee meeting Tuesday afternoon. A bill was approved that would authorize up to $20 million a year through 2024 for loan guarantees to expand competition in the meat processing industry.