Markets Articles
Phase One Trade Deal Under Review
Published February 1, 2021
During Friday’s White House press briefing, Press Secretary Jen Psaki was asked if the phase one trade deal with China is still in effect. Psaki was guarded in her response. "Everything that the past administration has put into place is…Canola Minute
Published February 1, 2021
In USDA's annual Crop Production Summary, the average canola yield in North Dakota was increased for the 2020 harvest season. Find out more from Northern Canola Growers Association Executive Director Barry Coleman in the Canola Minute.South American Crop Uncertainty Motivates China to Buy U.S.
Published January 29, 2021
Global Commodity Analytics and Consulting President Mike Zuzolo thinks the uncertainty and delay in South America's crop is motivating China to shore up its supply of feed grains. "With the Brazilian crop delayed and the Argentine crop hurt, the Chinese…China Continues to Make Massive Corn Purchases
Published January 29, 2021
China booked a massive amount of U.S. corn this past week in three flash sales. Private exporters reported a 2.1 million ton sale on Friday, marking the third large sale for the week. Nearly 5.7 million metric tons of old…Soybeans Pull Other Commodity Prices Higher
Published January 29, 2021
A rising tide raises all ships. NDSU Extension Farm Management Specialist Ron Haugen is seeing a similar situation with higher soybean prices lifting other commodity prices. "Wheat, corn and soybeans, all of the major crops, definitely have a much better…China’s Corn Purchases May Be More Political than Fundamental
Published January 28, 2021
China is making big purchases of U.S. corn, but those purchases may be more political than fundamental-based. StoneX Group Chief Commodities Economist Arlan Suderman questions why this is happening now. "Why such a big sale that could risk doing something…Choppy Grain Trade Expected to Continue
Published January 28, 2021
The grain markets are pulling back on Thursday after reaching fresh highs. Van Ahn and Company market analyst Kristi Van Ahn is expecting a choppy trade to continue in the grain markets. "It's not just about fundamentals. There are other…A Demand Shift From U.S. Soybeans to Corn
Published January 28, 2021
Harvest is ramping up in South America. Cornbelt Marketing market analyst Sam Hudson expects U.S. corn shipments to improve as more and more Brazilian soybeans reach the ports. "I would expect U.S. soybean shipments to slow down as we get…Regional Basis Bids Mostly Unchanged from Previous Week
Published January 28, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged from last week. Spring wheat basis ranges from 25 to 70 cents under the March futures contract. Corn basis ranges from 25…