Markets Articles
Beet Stock Snapshot
Published February 21, 2021
Last week there were 149 American Crystal Sugar Company sugarbeet stock shares brokered at an average price of $3,766.78 per share. That's according to Acres & Shares broker Jayson Menke. Find out more by clicking here.Ag Outlook Forum Numbers Drive Friday’s Grain Markets
Published February 19, 2021
Diversified Services market analyst Sterling Smith thinks there could be more soybean acres than the 90 million estimated by USDA. "If you look at where input costs have gone, farmers may switch to soybeans." Smith says the corn numbers from…USDA Predicts Bigger U.S. Corn Crop
Published February 19, 2021
In the latest USDA Grain and Oilseed Outlook, the agency is expecting U.S. corn ending stocks at the end of the current marketing year at 1.5 billion bushels. The new crop corn production is based on 92 million acres and…U.S. Acreage and China Demand Highlighted in Ag Outlook Forum
Published February 19, 2021
Exports, acreage and the farm income forecast dominated the opening session of USDA’s Ag Outlook Forum. USDA Chief Economist Seth Meyer anticipates China demand to remain strong in the next year. "Outstanding sales, what we have on the books for…Record RIN Prices
Published February 19, 2021
The price for renewable identification numbers, or RINs, are near all-time highs. The EPA tracks compliance with the Renewable Fuel Standard with the RIN credits. The corn ethanol RIN price has topped $1 per gallon in recent weeks. According to…Harvest Delays Backing Up Ships at Brazilian Ports
Published February 19, 2021
Only eight percent of the 16 million tons scheduled for shipment by mid-February actually went out. The rest are loading or backed up in the system. In Paranaqua, soybeans are trading with a five cent per bushel discount to the…Cold Weather Playing a Role in Livestock Markets
Published February 17, 2021
Cold weather also is playing a role in the livestock markets. "The feeder cattle were hanging on for most of Tuesday's session," said Brian Strommen, market analyst, Progressive Ag Marketing. "Many sale barns were closed in the early part of…Winter Wheat Concerns Capture Grain Market Attention
Published February 17, 2021
Grain traders are concerned about the condition of winter wheat. "I drove back from Houston, Texas last week and the winter wheat was green. This cold will hurt the wheat in Oklahoma and Texas," said Randy Martinson, market analyst, Martinson…WTO Members Select New Leader
Published February 16, 2021
The 164 members of the World Trade Organization have unanimously selected Nigerian Finance Minister Ngozi Okonjo-Iweala as its new leader. She is the first African and the first woman to lead the WTO. "If I really want to make Africa…