Markets Articles
Replacement Heifers Continue to Bring Big Bucks
Published February 22, 2024
Bennett Consulting owner Matt Bennett doesn’t expect a rapid rebuilding of the cattle herd due to the high price of heifers. "They're so expensive and I cannot fault someone who wants to get $1,800 to $2,000 or more for a common…Consumer Demand Evolves
Published February 22, 2024
The potato industry continues to evolve. Northland Potato Associates President Gary Shields says innovation is happening to meet consumer demand. "We've seen a little shift with the yellow potatoes on the market and our reds still are what I would consider…ARC Could be the Best Option
Published February 22, 2024
Soybean and corn prices have been trending lower since last fall. NAU Country Vice President of Farm Services Rich Morrison says the lower commodity prices may favor the ARC program. "The nice thing about the ARC program is that it is…A Fair Amount of Old Crop Wheat and Corn Left to Sell
Published February 22, 2024
Markets can often act like a roller coaster. Innovus Agra President Bret Oelke, who is a farm management consultant, said that is happening now, "but it is all going downhill." Crop insurance pricing is being established this month, but it…Marginal Drop in Milk Production
Published February 22, 2024
Milk production in the 24 major states totaled 18.3 billion pounds in January. That’s down less than one percent from one year ago. South Dakota milk production rose nearly 11 percent. Over the past year, South Dakota farmers added 21,000…Sign-up Underway for Ag Conservation Pilot Program
Published February 22, 2024
The application window is now open for a national pilot program that pays farmers and ranchers for implementing high-value conservation practices. If accepted for the Alliance to Advance Climate-Smart Agriculture program, they will earn $100 per acre or animal unit.…The Carbon Conundrum 2.0
Published February 21, 2024
The sustainability trend is impacting the food and farm market. "That means producers have a decision to make," said North Dakota Farmers Union Government Relations Director Matt Perdue. "They have to decide if they are going to participate in something…MOU Signed Between U.S., Canada, Mexico Meat Sectors
Published February 20, 2024
The North American Meat Institute, which is the largest trade organization for U.S. meatpackers, has signed a memorandum of understanding with its counterparts in Mexico and Canada to improve trade. The groups agreed to work together to address foreign animal…RRV Beet Industry Remains Strong
Published February 20, 2024
According to VERAX Commodities Vice President of Sales and Marketing Pedro Figueroa, the sugar cooperatives in the Red River Valley have continued to invest in facilities. Figueroa cites the region's dependence on sugarbeet production compared to other parts of the…