Markets Articles
RCEP Trade Deal Includes 15 Countries
Published January 3, 2022
A new trade agreement, the Regional Comprehensive Economic Partnership, is now in place. This trade deal includes 15 countries, including China, Japan and Australia. This is the world’s largest regional trade agreement, topping the U.S.-Mexico-Canada Agreement and the European Customs…Class III Milk Prices Heat Up
Published January 3, 2022
Total Farm Marketing Market Advisor John Heinberg says Class III milk is making a good run. "There's good demand and a lot of really good value out there for dairy producers." The unusually large spread between block and barrel cheese…South American Weather Front-and-Center
Published January 3, 2022
Thin trading volume during Christmas and New Years allowed the market to chop sideways with volatile swings on both sides of the market. S&W Trading market analyst Andy Shissler says Argentina’s weather will be the next driver for the soybean…Phase One Purchase Agreement Expires
Published January 3, 2022
The purchase agreement in the phase one trade deal between the U.S. and China expired on Friday. Ag Watch Market Advisors President Dewey Strickler says it may be a while before we know what that will mean for U.S. exports.…What’s Hot, What’s Not in the Markets
Published January 3, 2022
South American weather, the gold market and the January supply-demand report all get attention in the latest edition of What's Hot, What's Not in the Markets. Listen to Randy Martinson of Martinson Ag Risk Management for the latest market trends.More Cows Going Through the Auction Barn
Published January 2, 2022
Due to the drought and forage shortages, Hub City Livestock Auction co-owner Steve Hellwig has been selling a lot of weigh-up cows. "The percentage of opens in our country is probably a little higher than normal, but what we're noticing…Cattle Markets End 2021 On a High Note
Published January 2, 2022
In the last few years, the cattle market has been plagued with issues and events that have caused relatively low and volatile prices. NDSU Extension Livestock Marketing Economist Tim Petry says the cattle market has made an excellent comeback. "The…U.S. Beef Exports Set Record High in 2021
Published January 2, 2022
U.S. beef export demand set a record high in 2021 with nearly 2 billion pounds exported. The key markets were South Korea, Japan, and China. The cattle byproduct value also surged and was driven by the export market. Strong exports…Quality Drives Beef Market
Published December 30, 2021
During the past six months, beef consumers have reinforced their preference for products at the top end of the market. Choice and prime wholesale prices have skyrocketed during the second half of 2021. The prime/select spread has averaged nearly $85…