Markets Articles
Energy Costs Not Going Down In Near Future
Published March 18, 2022
Rising fuel prices are a major concern ahead of spring planting. AgriSompo North America market analyst Sterling Smith says fuel costs will be painful for everyone. "I suspect we're going to see diesel hitting $6 a gallon sometime in the…U.S. Beef Exports Skyrocket
Published March 18, 2022
Coming off a record-breaking performance in 2021, the USDA says U.S. beef exports went higher in January. That's an increase of 13 percent from one year ago. Beef export values increased 57 percent to more than $1 billion. Pork exports…Federal Reserve Raises Interest Rates
Published March 18, 2022
As expected, the Federal Reserve raised benchmark interest rates a quarter percentage point. That’s the first time the Fed’s raised interest rates since 2018. The increase is meant to slow inflation. The committee anticipates interest rate increases at each of…Potential Canadian Rail Strike
Published March 15, 2022
Thousands of workers at Canadian Pacific Railway are threatening to strike this week, potentially disrupting the movement of grain, potash and coal at a time where supply chains are slow. More than 3,000 members at the Teamsters Canada Rail Conference…Fielding Questions
Published March 14, 2022
In the latest RRFN and AgCountry Farm Credit Services Fielding Questions episode, AgCountry Market Vice President Ron Haugen talks about inflation. "This year, we're getting hit with chemical and fertilizer expenses higher than previous years. Those continue to increase, but…Crop Production in a War Zone
Published March 12, 2022
Ukraine's state-run railroad is trying to fill the void from the closure of Black Sea ports. Ukrainian railways may deliver grain to border areas where it could go to ports. "I don't know how excited I'd be to be a…Fertilizer Markets Concerned About Russia-Ukraine War
Published March 12, 2022
Fertilizer prices continue to climb, partly in response to Russia and Ukraine’s war. StoneX Group Director of Fertilizer Josh Linville says the markets are nervous. "All eyes are on European natural gas prices that are going higher, along with crude…Emergency Relief Introduced
Published March 11, 2022
A bill introduced in Congress on Friday would create emergency waivers for duties levied on fertilizers by the U.S. International Trade Commission. This proposal creates a pathway to establish a waiver for anti-dumping duties for a year if there is…American-Made Ethanol is a Solution
Published March 11, 2022
Iowa Senator Joni Ernst and Minnesota Senator Amy Klobuchar have introduced legislation for year-round E15 use. American Coalition for Ethanol CEO Brian Jennings says the only hurdle standing in the way of bringing down gas prices is political in nature.…