Markets Articles
CONAB Lowers Corn and Soybean Production Estimates
Published May 12, 2021
Brazilian crop supply agency CONAB lowered its corn and soybean production estimates in its May report. CONAB says Brazilian farmers produced a record 135.4 million metric tons of soybeans this season. That's down from the previous estimate of 135.5 million…Grain Trader Disappointed with USDA’s New Crop Corn Balance Sheet
Published May 12, 2021
Summit Commodities market analyst Tim Marsh thinks the corn number on the U.S. new crop balance sheet was disappointing. "It came in at about 150 million bushels above the average trade guess and toward the higher end of trade estimates,…A Look at the Latest U.S. New Crop Balance Sheet
Published May 12, 2021
The May USDA report numbers were mostly neutral to the grain trade. In terms of the new crop balance sheet, U.S. corn production is forecast at almost 15 billion bushels, slightly higher than last year. U.S. soybean production is forecast…Corn Matters
Published May 12, 2021
The U.S. Grains Council is preparing for its summer meeting. Council Vice Chair Chad Willis, who farms at Willmar, has more in the latest Corn Matters, an update from the Minnesota Corn Growers Association.Bring More Value-Added Agriculture to North Dakota
Published May 11, 2021
Jamestown, North Dakota farmer Terry Wanzek says the fact that ADM is showing an interest in North Dakota for a soybean crush facility makes a big statement. "They have the money, background and knowledge and they see the potential. A…USDA Raises Old Crop World Corn and Soybean Ending Stocks
Published May 11, 2021
USDA raised old crop marketing year world corn ending stocks slightly, from 283.9 million metric tons to 284 million tonnes. Raised old crop world soybean ending stocks from 86.9 to 87 million tonnes and lowered wheat ending stocks from 295.5…AgriBank 1Q Financials: Stable Credit Quality
Published May 10, 2021
St. Paul-based AgriBank reports first quarter net income of $193 million. That compares to $223 million in the same quarter last year. At the end of March, AgriBank had nearly $111 billion out in total loans, and increase of more…Promoting the Decarbonization of the Food System
Published May 10, 2021
The crop nutrition company, Yara, has announced the commercial launch of its Agoro Carbon Alliance. This global business has been created for farmers to earn additional revenue for adopting positive climate action. Farmers are currently registered in Iowa, Nebraska and…‘Dire’ Conditions at Dickinson, North Dakota
Published May 10, 2021
Parts of western North Dakota received anywhere from a trace to an inch of snow and rain this past weekend. Based at Dickinson, Stockmen’s Livestock Exchange owner Larry Schnell described the conditions up to this point as ‘dire’. "We had…