Markets Articles
CME Group Expands Wheat Trading Limits
Published March 5, 2022
Starting Monday, the CME Group is expanding trading limits for wheat contracts. This includes Chicago wheat and Kansas City winter wheat. The daily price limit will change the daily price limit to 85 cents per bushel and the expanded price…Wheat Prices Trade Limit Up
Published March 5, 2022
Extraordinary geopolitical events bring extraordinary prices. Summit Commodities market analyst Tim Marsh says it’s hard to know how long gyrations in the wheat market will last. "When the market decides something's been determined in Russia and Ukraine, the market will…Memories of 2008
Published March 5, 2022
The Arthur Companies grain merchandiser Jenna Knutson says the higher wheat prices bring a sense of déjà vu, reminding many of 2008. "At that time, we saw wheat prices go to $18 or $20. Farmers watched it go up and…Biofuels Interest Grows With the Push for Green Energy
Published March 3, 2022
National Farmers Union Senior Advisor Anne Steckel says the push for renewable diesel is expanding to other feedstocks. "At the National Farmers Union, one initiative that we are working on is getting a pathway to allow canola to be qualified…Cattle Market Should Look Favorable Second Part of 2022
Published March 2, 2022
Feeder cattle are coming into a seasonal timeframe where the market is slowing down. Van Ahn and Company Market Analyst Jim Emter says there’s concern high-end meat demand may drop with rising inflation. Emter says as we get later into…Don’t Be Afraid to Sell
Published March 2, 2022
MinnStar Bank farm management analyst Kent Thiesse sees the spring crop insurance prices as an opportunity to ensure a profit. "It's a rare opportunity with crop insurance to be able to lock in the kind of guarantees that we got,"…Global Beef Markets Remain Tight
Published March 2, 2022
According to the latest report released by Rabobank, ongoing strong demand and limited supplies have kept global beef prices high, but cost pressures are flowing into the supply chain. Retail beef price movement over the last two years have been…The Bull Pen: Farmers Must Be Able to Participate in This Volatile Market
Published March 2, 2022
Commodity markets are having a powerful reaction to Russia’s invasion of Ukraine. World leaders warned about this conflict, but the markets were caught flatfooted when it happened. Advance Trading Risk Management Advisor Tommy Grisafi said really smart people didn’t know…Facing the Loss of Russia and Ukraine from Global Wheat Market
Published March 1, 2022
The combination of Russia and Ukraine accounted for 28 percent of global wheat exports last year. RaboResearch Global Grain and Oilseed Strategist Stephen Nicholson says Russia and Ukraine use most of their wheat domestically or it is shipped out. "If…