Markets Articles
Sizable Sale for Hub City Livestock
Published February 18, 2022
The Hub City Livestock Auction Market had over 8,000 head move through the barn for Wednesday’s sale. Co-owner Steve Hellwig says it was the second biggest sale he’s seen at the Aberdeen market in the last 30 years. "The buyers…Corn Matters
Published February 18, 2022
A Corn Trade School will be held in Alexandria, Minnesota March 16. In this edition of Corn Matters, Northern Crops Institute Executive Director Mark Jirik says this event will provide an inside view of trade policy and market development. This…Time Needed to Build Logistical Capacity
Published February 18, 2022
According to Northern Crops Institute Director Mark Jirik, the current logistical issues have been building for years. "When you talk about the container issue, that's one thing. If you look at carrier issues, retirements and some of the regulations that…Market Prices Are All About Perception
Published February 18, 2022
Total Farm Marketing Senior Market Advisor Brian Doherty says perception is more important to the market than yield estimates of the Brazilian crop size. "You've got the USDA figures, you've got CONAB figures, you've got other private estimate figures. When…USDA Ag Attaché Estimates Puzzles Market Analysts
Published February 18, 2022
The USDA Ag Attaché in Brazil is estimating Brazil’s soybean crop at 134.5 million metric tons, larger than USDA’s current estimate. Country Futures market analyst Darrell Holaday is puzzled. "Where we're at on the Brazilian bean crop is the strangest,…No End in Sight for Supply Chain Headache
Published February 18, 2022
NDSU Extension Ag Finance Specialist Bryon Parman believes it will take time to work through the current supply chain shortages. "There'll probably be some relief by next year, but I don't see any relief before planting." This has been a…Fire Hits Louis Dreyfus Soybean Processing Plant
Published February 17, 2022
Due to a fire, business is suspended at the largest soybean processing plant in the United States. The fire started Tuesday night at the Louis Dreyfus soybean processing and biodiesel plant at Claypool, Indiana and was limited to a small…No Quick Fix
Published February 16, 2022
According to U.S. Grains Council Chairman Chad Willis, there is no quick fix for the shortage of shipping containers. "China and the countries shipping stuff want to get containers back as soon as possible rather than shipping containers to the…China’s Trade Record Criticized
Published February 16, 2022
The U.S. Trade Representative’s Office says China has a long record of violating, disregarding and evading World Trade Organization rules. That position was emphasized in a report to Congress. China has not yet implemented some of the most significant parts…