Markets Articles
USMCA Summit Planned
Published March 24, 2021
U.S. Trade Representative Katherine Tai has asked Mexican Economy Secretary Tatiana Clouthier to participate in a U.S.-Canada-Mexico trade summit. Canadian Trade Minister Mary Ng has already accepted the invitation.Congestion at Brazil’s Largest Port Worsens
Published March 24, 2021
Brazil normally starts shipping soybeans out of Santos in January, but that window was pushed back due to a late planting and harvest season. Shipments of the new sugar crop are expected to begin in early April. The soybean and…Grain Traders Eager for Updated Quarterly Stocks Numbers
Published March 24, 2021
The March 31 USDA Quarterly Grains and Stocks report will be important with traders looking at usage numbers. Van Ahn and Company Chief Financial Officer Kristi Van Ahn says traders are waiting for USDA to adjust the usage. "That's been…South American Weather Sets the Corn Market Direction
Published March 23, 2021
South American weather will dictate the direction of the corn market. "We're focusing on what goes on in the north, central and eastern parts of Brazil where the big Safrinha crop areas are at where corn got in so late,"…U.S. Grain Shipments Keeping the Pace
Published March 23, 2021
Grain shipment continue to keep up to pace. "There were three weeks in a row of above average weekly needs," said Matt Hines, market analyst, Loewen and Associates. "We need to average around 55 to 56 million bushels of corn…Ag Groups Question U.S. Trade Relationship with Mexico
Published March 22, 2021
Food and agriculture organizations have growing concerns with the U.S.-Mexico trade relationship. In a letter to Agriculture Secretary Tom Vilsack and U.S. Trade Representative Katherine Tai, 27 groups said that trade with Mexico is “quickly deteriorating” due to bans on…Assess the Needs of Your Farm or Ranch
Published March 22, 2021
As the markets continue to hold onto their volatility, farmers should try and take some of the emotion out of marketing. According to Hurley and Associates consultant Luke Gravunder, that starts with assessing the needs of your farm or ranch.…An Expansion in Beef Processing
Published March 22, 2021
National Beef Packing is increasing its beef processing capacity at the Tama, Iowa plant. More than $100 million will go in to doubling its daily capacity to 2,500 head, which will add a second shift. The project’s completion date is…Beet Stock Snapshot
Published March 22, 2021
According to Acres & Shares broker Jayson Menke, last week 231 American Crystal Sugar Company sugar beet shares were brokered at $3,750 per share. Stay up-to-date on the latest beet stock values.