Markets Articles
Rally Results in a Unique Marketing Strategy in Brazil
Published February 25, 2021
With the current market, some Brazilian farmers are defaulting on forward sales and selling the same beans in the spot market. By not delivering the beans, these farmers are penalized. However, soybean stocks are so low the farmers can make…While Northern Brazil Struggles, Other Areas May Have Decent Crop
Published February 24, 2021
While the northern part of Brazil is struggling to get soybeans harvested, CHS Hedging market analyst Steve Wagner says the rest of the country will have a good crop. "It's not any different in South America than it is in…Major Acreage Battle Expected for Spring
Published February 24, 2021
Grain traders are preparing for a major acreage battle this spring. BOLT Marketing market analyst DuWayne Bosse says all of the commodities are looking for more acres. "That's why the new crop prices are gaining on the old crop prices.…Brazil Harvest Delays Push Second Crop Corn Planting
Published February 24, 2021
Farmers in northern Brazil are struggling with wet weather and deteriorating crop conditions as harvest lags. Brazilian agriculture consultant Kory Melby says getting the second crop corn planted is a priority. "That is more worrisome than the soybeans, because the…Acreage Decisions Can Still Change Between Now and Spring
Published February 24, 2021
During the USDA’s Ag Outlook Forum, the agency estimated an increase in corn and soybean acres for 2021. Total Farm Marketing Senior Market Advisor Naomi Blohm says a lot can change between now and spring. "Wheat is also an unknown…Moving Grain to the PNW
Published February 24, 2021
North Dakota agriculture is dependent upon rail service to the Pacific Northwest. BNSF Railway Group Vice President for Agricultura Products Angela Caddell spoke at the Northern Corn and Soybean Expo. Caddell said BNSF has 43 shuttle locations in the state.…The U.S. May Import More Soybeans in 2021
Published February 22, 2021
U.S. Commodities President Don Roose thinks USDA is expecting an increase in soybean imports into the U.S. "I think they've already tipped their hand on that. Typically, we bring in 15 to 25 million bushels of soybeans. This year, we'll…Food Security Tops the Chinese Rural Policy Blueprint
Published February 22, 2021
The Chinese government has released its annual rural policy blueprint. This report puts more focus on food security, calling for all provinces to improve grain yields over the next five years. The report cited the seed industry as a new…What’s Hot, What’s Not in the Markets
Published February 22, 2021
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi says copper hit a ten-year high overnight. That is typically offers insight into the global economy. China is also back after…