Markets Articles
Spring Price Discovery Period Wraps Up
Published March 1, 2024
USDA's Federal Crop Revenue calculations for the crop insurance price were determined in February. The average December corn price was $4.66 per bushel, down $1.25 from last year. With a national five-year average yield and an 85 percent revenue policy,…The Three ‘R’s-Roads, Rivers, Rail
Published March 1, 2024
Fairmont, Minnesota farmer Lawrence Sukalski coordinates the United Soybean Board Infrastructure and Connectivity Committee. Low water levels on the Mississippi River have been a domestic problem. Overseas, it is the conflict on the Red Sea. "It's a real problem because…The ROI Makes Sense
Published February 29, 2024
Kelly Garrett raises crops and cattle in west-central Iowa. Garrett is a believer in regenerative agriculture and partners with Truterra carbon program."They are a very credible source being backed by Land O'Lakes so the economics of the program for growers…What’s Hot, What’s Not in the Markets
Published February 26, 2024
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the cattle-on-feed report was slightly negative, but the cattle market remains in positive territory. Corn, soybeans, wheat hit new contract…DMC Enrollment Begins This Week
Published February 26, 2024
Enrollment begins Wednesday for the Dairy Margin Coverage safety net program. This USDA program compensates dairy farmers to offset milk and feed price differences. Rules have been changed to allow eligible dairy farms to make a one-time adjustment to their…US, UK Counter Houthi Attacks
Published February 26, 2024
The United States and the United Kingdom are continuing to fight back against the Houthi attacks on commercial shipping on the Red Sea. The weekend strikes included underground weapons storage, air defense systems and radar. The U.S. and UK released…Most Numbers Flat in Friday’s COF Report
Published February 26, 2024
The placements figure was the biggest surprise in Friday’s USDA Cattle-on-Feed Report. Placements in January totaled 1.79 million head, down seven percent from last year. The average trade guess was over 11 percent. Placements were higher-than-expected, but still at an…Lower Prices and a Higher Cost of Money
Published February 26, 2024
Corn, soybean and wheat prices have all come down since last year’s Commodity Classic in Orlando. With the March corn contract dropping below $4 per bushel this past week and soybeans trading at new contract lows, Advance Trading Risk Management…Positive Outlook for Potato Markets
Published February 25, 2024
Potatoes USA President and CEO Blair Richardson says potato markets have rebounded following the Covid-19 pandemic. With significantly less consumption at restaurants, there was an opportunity to educate consumers on using potatoes at home. “That has since shifted back to…