Markets Articles
Consider an Options Strategy to Market During Drought Conditions
Published June 7, 2021
Production uncertainty due to drought means farmers are reluctant to market the new crop. NAU Country Vice President of Farm Services Rich Morrison says an options strategy will help farmers take advantage of high prices without committing bushels to an…Uncertainty Lingers on Heat Damage to the Northern Plains Crops
Published June 7, 2021
There is a lot of talk about heat damage to the crop over the weekend. Progressive Ag Marketing market analyst Brian Strommen is uncertain. "The crop is fairly small so it doesn't demand as much water at this timeframe. July…South Dakota Ag Groups Convene Over Cattle Markets
Published June 7, 2021
Leaders from six South Dakota agriculture groups met in Pierre to discuss solutions for the cattle industry. After outlining challenges facing the state’s cattle producers, the groups agree there is a need for improve price transparency, better food security and…RRFN Reporter Roundtable
Published June 7, 2021
Each week, the Red River Farm Network team of farm broadcasters bring you the latest news headlines in agriculture during the RRFN Reporter Roundtable. This week's topics include cold then hot, crop damage, the JBS hack, a visit from the…What’s Hot, What’s Not in the Markets
Published June 7, 2021
There's strength in the commodities, including spring wheat, soybean oil and crude oil. "From my chair, it looks like we're going to have volatility for multiple years," said Tommy Grisafi, risk management advisor, Advance Trading. In today's edition of What's…Rural Perspectives
Published June 6, 2021
The heat and lack of moisture are taking a toll on crops in North Dakota and northwestern Minnesota. That has farmers are fine tuning their marketing plans with the ongoing drought conditions in parts of the Northern Plains. While crop…The Risk is On
Published June 6, 2021
The grain market continues to benefit from general buying. AgriSompo North America market analyst Sterling Smith says dry and hot weather is the big driver, but demand is a factor, too. "Old crop export sales also helped us out along…Regional Basis Levels Vary in Northern Plains
Published June 6, 2021
Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network remain unchanged from the previous week, ranging from 30 to 60 cents under the July futures. Corn basis for June delivery widened to…Cattlemen Try to Stir Up Some ‘Hope’ During Spring Roundup Meeting
Published June 6, 2021
The town of Hope, North Dakota was the perfect place for cattlemen and women to come together for the first of several Spring Roundup meetings. As North Dakota Stockmen's Association Executive Vice President Julie Ellingson put it, “ranchers sure could…