Markets Articles
Grain Prices Move Higher Following USDA Report
Published January 12, 2021
The lower corn ending stocks in Tuesday's USDA report caused the corn markets to move limit up. Soybeans busted through the $14 range. The wheat market was also well supported. "Wheat ending stocks came in at 836 million bushels below…USDA Lowers U.S. Corn and Soybean Production
Published January 12, 2021
The latest USDA estimate for 2020 corn and soybean production was below last month's report and the average trade guesses. U.S. corn production is at 14.2 billion bushels compared to December’s estimate of 14.5 billion bushels. Corn yield is at…Global Ending Stocks Lowered
Published January 12, 2021
USDA is forecasting global soybean stocks at 84.3 million tons, down 1.3 million from the last report. Lower stocks for the U.S. and Argentina partially offset a larger supply in China. Foreign corn ending stocks dropped more than five million…Land Values Hold Strong into 2021
Published January 11, 2021
According to the latest Land Values Report from Farmers National Company, sale volumes were up 49 percent during October and November compared to the previous year. Northern Plains farmers are currently buying 90 percent of top-quality farmland coming up for…Beet Stock Snapshot
Published January 11, 2021
Last week, 70 American Crystal Sugar Company shares were brokered at an average price just under $3,700 per share. "As share inventory has shrunk, prices on smaller sales have crept up,” said Jayson Menke, broker, Acres & Shares.Stay up to…Bullish Expectations for Tomorrow’s January USDA Report
Published January 11, 2021
Grain traders continue to position for the January crop report. Progressive Ag Marketing market analyst Brian Strommen says traders have bullish expectations. "On the USDA report day, there's usually a curve ball somewhere to catch us by surprise. We'll see…What’s Hot, What’s Not in the Markets
Published January 11, 2021
Multi-year highs are being seen in the grain markets. Advance Trading Risk Management Advisor Tommy Grisafi offers insight into that bump with this week's edition of What's Hot, What's Not in the Markets. A volatile political environment and interest rates…Ethanol and DDG Exports Decline, But Above Year-Ago Levels
Published January 9, 2021
U.S. ethanol exports for November decreased ten percent to 113 million gallons. However, this is six percent above year-ago levels for the same time frame. Global year-to-date exports of U.S. ethanol totals 1.2 billion gallons. Shipments to Canada were fractionally…Grain Price Boost Gives Farmers Market Opportunity
Published January 8, 2021
The run up in grain prices is giving farmers a chance to market next year’s crop at profitable levels. Utterback Marketing President Bob Utterback says this is the type of market you have to sell into as it’s rising. "Once…