Markets Articles
Preview: November USDA Crop Reports
Published November 3, 2021
USDA's November crop production and supply and demand reports will be released on Tuesday. Zaner Ag Hedge Chief Market Strategist Ted Seifried thinks increased production numbers may already be built into the market. "I'm not exactly sure how much we've…Grain Markets Search for Reasons to Move Higher
Published November 2, 2021
The grain markets took a breather on Tuesday as traders searched for fresh information. "The markets are sensitive right now, looking for information to justify them going higher, because we are at very lofty levels," says Kristi Van Ahn, market…Basis Bids Vary Across Northern Plains
Published November 2, 2021
In the last week, spring wheat basis bids widened by five cents at the six regional grain elevators followed by the Red River Farm network. Spring wheat basis ranges from 30 to 75 cents under the March Minneapolis futures contract.…Wheat Prices Continue to Climb Higher
Published November 1, 2021
The tight global supplies of high protein wheat are pushing grain prices higher. CHS Hedging market analyst Kent Beadle says there's concern about millers and bakers finding enough. "There isn't enough high quality wheat in the world right now with…What’s Hot, What’s Not in the Markets
Published November 1, 2021
Corn, spring wheat, canola and oats are higher to start the week. That puts more focus on the Northern Plains as farmers make acreage decisions for 2022. In this week's edition of What's Hot, What's Not in the Markets, Advance…La Nina May Influence Argentine Corn Acreage
Published October 30, 2021
Soybean and Corn Advisor President Michael Cordonnier says Brazil’s farmers are off to a good start while planting in Argentina lags behind. "They plant their corn in two phases; the first phase is in September and October, they kind of…Epic Acreage Battle Likely
Published October 29, 2021
According to AgriSompo North America market analyst Sterling Smith, input costs will drive the decision process over acreage in 2022. "We are going to have an epic acreage battle if we see strong South American production. That will pressure prices…Buying Acres
Published October 27, 2021
With spring wheat at more than $10 per bushel, Ever.Ag market analyst Matt Tranel expects wheat to buy acres. The unknown is where those acres will come from. "How many acres really do move out of a different crop into…Fertilizer Availability May Override Cost Concerns
Published October 27, 2021
As farmers in the Eastern Corn Belt wrap up harvest, many are preparing for next season. Based in central Illinois, Bennett Consulting owner Matt Bennett thinks availability of inputs will be a bigger issue than cost. "Once the soil temperature…