Markets Articles
Farmland Remains a Strong Investment
Published February 1, 2024
Despite record prices and rising interest rates, Bell Bank Senior Vice President of Agribusiness Development Lynn Paulson still views land as a strong investment for would-be purchasers. "The guys that are buying land are taking a long view to it;…American Lamb Board Works to Limit Market Vulnerability
Published February 1, 2024
The demand for lamb increased during the COVID-19 pandemic. American Lamb Board Executive Director Megan Wortman says efforts are underway to keep that demand intact by educating consumers and limiting market vulnerability. “Inflation is impacting sales,” said Wortman. “Consumers are…Linville: Fertilizer Market Trends
Published February 1, 2024
StoneX Director of Fertilizer Josh Linville says urea prices continue to push higher as spring approaches. "That has been more of a reaction to the international market moving higher than it has been to anything based in North America but,…Supply Chain Transparency Sought
Published January 31, 2024
The attacks by Houthi rebels on the Red Sea have resulted in major ocean carriers rerouting around the southern tip of Africa, adding time and cost to global shipments. South Dakota Representative Dusty Johnson was part of the House Transportation…Exercise Caution With Pinto Bean Acreage Expansion
Published January 30, 2024
Despite a drop in acreage this past year, good yields resulted in "about average" production. In the NDSU Getting it Right in Dry Bean Production Webinar, Extension Crop Economist Frayne Olson offered a warning. "Moving forward into 2024, the industry…Movement Out of Port of Duluth-Superior Up in ’23
Published January 30, 2024
The 2023 navigation season for the Port of Duluth-Superior finished the season up 4.5 percent year over year. Duluth Seaway Port Authority Executive Director Deb DeLuca says the Port posted tonnage increases in eight categories including a 22.5 percent increase…Brazil Beans Heading to the U.S.
Published January 30, 2024
According to Agricensus, three cargoes of Brazilian soybeans were sold to a U.S. soybean crusher on the East Coast. These shipments are expected to be delivered in late February. East Coast end-users have purchased Brazilian soybeans in the past, but…A Minnesota-Morrocco Trade Connection
Published January 29, 2024
A Minnesota trade delegation is home after a six-day trade mission to Morrocco. Agriculture Commissioner Thom Petersen said the Port of Duluth offers an opportunity to serve this growing market. "Last year, we sent three shipments of sugarbeet pulp to…What’s Hot, What’s Not in the Markets
Published January 29, 2024
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson is pleased with the recovery seen in the livestock markets. USDA's Cattle Inventory Report is also coming out this week. On…