Markets Articles
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…Real Estate Taxes Impacting Land Sale Prices
Published February 25, 2024
The International Crop Expo featured a session covering land and equipment markets. Steffes Auction Director of Real Estate Max Steffes said real estate taxes have an impact on sale prices from state to state. “Minnesota is not bashful about taxes,”…Beet Stock Values
Published February 25, 2024
According to Acres & Shares owner Jayson Menke, there were three American Crystal Sugar Company beet stock sales last week. One sale was at $5,700 per share for 15 shares and two sales at $5,800 totaling 47 shares. As of…NASDA Considers Trade Opportunities in Cuba
Published February 24, 2024
A trade delegation from the National Association of State Departments of Agriculture traveled to Cuba this past week. There were seven state ag leaders on the trip, including Minnesota Agriculture Commissioner Thom Petersen. This delegation met with government officials and…Dry Bean Scene
Published February 23, 2024
In this week's Dry Bean Scene, Kelley Bean Company's Dean Nelson says Mexican demand has kept demand strong for dry beans. Nelson said dry bean acres are expected to be up this spring.Corn Matters
Published February 23, 2024
Minnesota Corn Research and Promotion Council board member Chad Willis attended the U.S. Grains Council Winter Conference. Willis is featured in Corn Matters to recap the opportunities and issues that were discussed during the event in Guatemala.E15 Approved in ’25
Published February 23, 2024
The Environmental Protection Agency has approved a petition from eight Midwestern states allowing sales of E15 during the summer months. Renewable Fuels Association President and CEO Geoff Cooper said this announcement was a ‘good news, bad news’ situation. Cooper is…ND Soybean Crush Plants to Improve Basis
Published February 23, 2024
Over 90 percent of North Dakota’s soybeans are shipped out of state and about two-thirds of the crop is exported to other countries. Three new soybean crush plants in the state are expected to provide more market opportunities. Green Bison…