Markets Articles
USDA Lowers South America Production Slightly in February WASDE
Published February 9, 2022
In the February Supply and Demand report, the USDA lowered Brazil’s soybean ending stocks by six million metric tonnes to 134 million tons. USDA lowered Brazil’s corn ending stocks by one million tonnes to 114 million tonnes. USDA kept Argentina’s…StatsCan Surprises Grain Trade
Published February 9, 2022
BOLT Marketing market analyst DuWayne Bosse the StatsCan surprised the wheat market earlier this week with a larger than expected cut in wheat stocks. "It surprised the markets a little bit with all wheat stocks of 15.5 million metric tons.…A Record Year for International Trade
Published February 9, 2022
Agriculture Secretary Tom Vilsack says $177 billion in ag exports were sold this past year, breaking the previous record by more than 14 percent. "The record that was set in 2013 when I was Secretary before was surpassed in 2021…U.S. Ag Exports in 2021 Set Record
Published February 8, 2022
According to final trade data published by the U.S. Commerce Department, U.S. farm and food product exports totaled $177 billion in 2021. That’s an 18 percent increase from 2020. Agriculture Secretary Tom Vilsack said it breaks the previous export record.…Trudeau Calls for Protests to End
Published February 8, 2022
In an emergency session in the House of Commons, Canadian Prime Minister Justin Trudeau said the 'Freedom Convoy' protests need to stop. "This pandemic has sucked for all Canadians, but Canadians know the way to get through it is to…Digital Trading Platform Comes to North America
Published February 8, 2022
After its initial launch in Brazil, a digital blockchain trading platform for agricultural commodities is now available for North American crops. This introduction will include wheat, canola, barley, DDGs and beet pulp pellets. Corn, soybeans and soybean meal were already…MN Beef Update
Published February 7, 2022
This week's Minnesota Beef Update takes a look at key state and federal policy priorities for the Minnesota State Cattlemen's Association. Executive Director Allison VanDerWal has the details.Firmer Cattle Markets, Top Heavy Hog Markets
Published February 7, 2022
The live cattle market traded firmer last week. U.S. Commodities President Don Roose says the cattle cycle is positive. "Slaughter is increasing and packers are starting to chase the cattle markets. There's more beef in the pipeline, but the cycle…The Volatile Fertilizer Prices Will Stick Around
Published February 7, 2022
Last week, the price of anhydrous reached an all-time high while urea prices declined. CHS Hedging Director of Producer Brokerage Kent Beadle says there are still many factors contributing to the volatile prices. "Urea prices dropped as much as $200…