Markets Articles
Vilsack Expects No Major Export Disruptions
Published September 8, 2021
According to Agriculture Secretary Tom Vilsack, the U.S. will not see major disruptions to its ability to export grain out of Gulf Coast. River traffic on the Lower Mississippi was shut down for nearly two weeks due to Hurricane Ida.…NCBA Urges USDA to Enforce BSE Safeguards
Published September 8, 2021
The National Cattlemen’s Beef Association has released a statement regarding the two cases of BSE found in Brazil. It says Brazil has a history of failing to report BSE cases on a timely basis and USDA needs to enforce safety…Sugar Prices Surge
Published September 7, 2021
Sugar prices have shot up after a cold snap in Brazil. Severe frost struck major sugar producing areas in the country in June and July. Sugar production in the Center-South region of Brazil is expected to decrease anywhere from five-to-nine…Brazil Suspends Beef Trade with China
Published September 7, 2021
That means the world’s largest beef exporter won’t be selling to the world’s largest beef customer. Two separate cases of atypical BSE are being investigated. The suspended export situation is expected to be lifted very soon.What’s Hot, What’s Not in the Markets
Published September 7, 2021
Harvest prices for corn and soybeans are at nine-year highs. In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi says higher prices are also expected in 2022, but an acreage…River Traffic Resumes
Published September 6, 2021
The Lower Mississippi River is now open to all traffic. The Coast Guard reports power lines that blocked the river after Hurricane Ida have been removed and there has been significant progress in reopening ports and waterways throughout southeastern Louisiana.…Senator Smith Goes to Bagley
Published September 3, 2021
While the rain was coming down Thursday, Minnesota Senator Tina Smith spent part of her day at Bagley Livestock Exchange seeking input from farmers dealing with a historic drought. "It has been a really, really hard summer and I heard…Drought Pushes Cattle Numbers to Auction
Published September 3, 2021
In a typical year, Bagley Livestock Exchange only has limited sales activity during the summer months. Billy Bushelle, who co-owns the auction market, says the drought brought more cattle to barn this summer. "We sold a lot of feeder calves…This is a Demand Market
Published September 2, 2021
The Gulf region is without power and the focus is on recovery, which has pressured the grain markets. Speaking at the Peterson Farms Seed field day, Advance Trading Risk Management Advisor Tommy Grisafi says this is a short-term issue. "We're…