Markets Articles
ADM to Build New Soybean Crush Facility in ND
Published May 10, 2021
Archer Daniels Midland plans to build a soybean crush facility at the Spiritwood Energy Park near Jamestown. The $350 million facility will process 150,000 bushels of soybeans per day. ADM is taking over the site of a former Cargill barley…What’s Hot, What’s Not in the Markets
Published May 10, 2021
'Rain makes grain' and there was shower activity this past weekend in portions of the western Dakotas and the Eastern Cornbelt. Advance Trading Risk Management Advisor Tommy Grisafi also discusses the structured grain products, including accumulators, in this edition of…U.S.-Brazil Discuss Trade
Published May 10, 2021
U.S. Trade Representative Katherine Tai met with the Brazilian foreign affairs minister on Friday. Trade reform was part of the discussion. In addition, the conversation focused on the environment, climate change and labor.A Very Difficult Cattle Market
Published May 7, 2021
Livestock producers continue to struggle with low prices and high input costs while packer margins are profitable. Lakefront Futures market analyst Darin Fessler says the livestock markets are broken. "The cattle producers can't make much money at these prices, but…Grain Market Surprised at Higher Ending Stock Estimates
Published May 7, 2021
Pre-report estimates for the May USDA Supply and Demand report have ending stocks higher than where current commodity prices would indicate. "I don't know if the trade is looking at that specifically, but I think the numbers coming in at…Final U.S. Planted Acres May Look Different than Planting Intentions
Published May 7, 2021
Corn and soybeans continue to fight for acres. Utterback Marketing President Bob Utterback says there is a real psychological scare final planted acres will not match the planting intentions report. "In my historical experience, I've never seen this level of…A ‘Record-Breaking’ Performance for U.S. Red Meat
Published May 7, 2021
U.S. red meat exports had a record-breaking performance in March to end the first quarter. Both beef and pork exports posted the highest monthly value on record, coming in at 124,800 metric tons and 294,700 metric tons, respectively. U.S. Meat…Low Water Limits Argentine Soy Shipments
Published May 6, 2021
Shippers on Argentina’s Parana River are being forced to limit cargo due to extremely low water levels. The river is shallow due to the recent dry weather. A representative with the Rosario Grains Exchange said this logistical issue could cost…U.S. and Chinese Trade Officials to Meet ‘Soon’
Published May 6, 2021
At a virtual event organized by the Financial Times, U.S. Trade Representative Katherine Tai said she will soon meet with her Chinese counterparts to discuss the phase one trade deal. This trade agreement, which expires at the end of this…