Markets Articles
Corn Acres Down in the ‘I’ States, Up in the Dakotas
Published April 1, 2021
According to the prospective plantings report, farmers intend to plant more overall acres this year. However, the corn and soybean acreage came in lower than what the trade expected. The 2021 corn acreage is projected to be just one percent…Zero Room for Error
Published April 1, 2021
USDA delivered a shocker to the marketplace with its Prospective Plantings Report. "Oh boy, we're going to have another year of some very exciting markets," exclaimed Ted Seifried, chief market strategist, Zaner Ag Hedge. Corn acres are estimated at 91.1…Huge Increases Forecast in North Dakota Corn/Soybean Acres
Published March 31, 2021
After significant prevented plant acreage in 2020, North Dakota farmers are expected to plant a huge corn and soybean crop this spring. North Dakota corn acreage is forecast to be up a monstrous 69 percent. Soybean acreage in North Dakota…Blohm: The Market Needs to Buy More Soybean Acres
Published March 31, 2021
The market needs to buy more soybean acres. That’s the big takeaway from Wednesday's USDA Prospective Plantings report for Total Farm Marketing Senior Market Advisor Naomi Blohm. "Beyond a doubt, this report is bullish. This will lead us beautifully into…All-Wheat Planted Area Higher Than Trade Expectations
Published March 31, 2021
USDA is estimating the all wheat planted area at 46.4 million acres, an increase of five percent from 2020 and higher than the average trade estimate of 45.1 million acres. Winter wheat acres were higher than expected at 33 million…USDA Forecasts Fewer Corn and Soybean Acres
Published March 31, 2021
USDA’s estimates of planted acres for corn and soybeans were lower than trade expectations in the Prospective Plantings report. That puts the balance sheet in rationing mode and fuels the bullish outlook for the grain markets. The USDA Prospective Plantings…A Volatile Day in the Markets Possible Today
Published March 31, 2021
After a down day yesterday, grain markets are higher in the overnight trade. Advance Trading Risk Management Advisor Tommy Grisafi says there are numerous factors at play today. "It's the end of the month, end of the quarter and there's…Rural Perspectives
Published March 29, 2021
USDA’s Quarterly Stocks and Planting Intentions Reports will be released this Wednesday, March 31. "Quarterly Grains Stocks is always important, but because the balance sheets are so tight, the market is sensitive," says Katie Tangen, market education specialist, AgCountry Farm…Large Container Ship Blocks Suez Canal For Nearly a Week
Published March 29, 2021
The large container ship that has been blocking the Suez Canal for most of the past week has been fully dislodged. This ship blocked "essentially 12 percent of global trade and about 30 percent of all container ship trade in…