Markets Articles
Soybean Demand Stays Strong Out of Pacific Northwest
Published October 25, 2021
North Dakota Soybean Council Executive Director Stephanie Sinner says export demand for soybeans remains strong out of the Pacific Northwest. "We're efficiently geared to move the big soybean crop as it comes off the combine and move it towards the…What’s Hot, What’s Not in the Markets
Published October 25, 2021
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi highlights a strong market for cash grains and specialty crops. Spring wheat has topped $10 per bushel and that gets attention,…Beet Stock Snapshot
Published October 25, 2021
According to Acres & Shares, last week 107 American Crystal Sugar Company sugarbeet shares were brokered at $4,100 per share.A Few Surprises in Friday’s Cattle-on-Feed Report
Published October 25, 2021
The total inventory on October 1 was 11.6 million head, down one percent from last year. That number was on the low end of trade expectations. With a three percent year-over-year decline, marketings were in line with expectations. Placements were…Spring Wheat Deja Vu
Published October 24, 2021
Wheat is the story for the grain markets as the December Minneapolis wheat contract moves past $10. "It looks like the grain markets are signaling they want more wheat acres," said Tom Lilja, market analyst, Progressive Ag Marketing. With the…Spring Wheat Moves Past $10
Published October 24, 2021
After flirting with it all week, Minneapolis December wheat topped $10 on Friday. "We haven't been at these levels in spring wheat since 2012," said Tommy Grisafi, risk management advisor, Advance Trading. "There are many things going on. The Argentina…Basis Opportunities in Farm Country
Published October 24, 2021
The basis remains unusually strong during this harvest season. "These processors, especially when you look at the margins they have in ethanol with fuel costs the way they are, they're going to be looking for a regular supply," said Sam…Pasta Companies Worry About Price and Supply
Published October 23, 2021
Tight supplies and the runup in durum prices have pasta suppliers nervous. North Dakota Wheat Commission Policy and Marketing Director Jim Peterson participated in the National Pasta Association Annual Meeting and these issues were front-and-center. "For some of them, depending…South America Planting Pace Ahead of Norm, Brazil’s Safrina Crop Unknown
Published October 23, 2021
Brazilian agriculture consultant Kory Melby says Brazil’s corn planting is off to a phenomenal start. Compared to the long term records, this is the second fastest planting pace on record. Melby says there will likely be an increase in corn acres…