Markets Articles
Labor Issues Continue in Argentina
Published January 4, 2021
Argentine oilseed port workers signed a contract just over a week ago, but the grain inspectors’ union is still on strike. The labor union and the export companies will meet again today. The union wants a significant salary increase and…China Plans to Increase Corn Acreage in ’21
Published January 4, 2021
The newly appointed Chinese minister of agriculture and rural affairs said this increase is part of a wide-ranging food security strategy. This decision reverses a cutback in Chinese corn acreage over the past few years.Canola Minute
Published January 4, 2021
The canola market is maintaining strength this winter. Find out more from Northern Canola Growers Association Executive Director Barry Coleman in the latest Canola Minute.Grain Markets End 2020 on a Positive Note
Published January 3, 2021
The grain markets ended 2020 on a positive note. "Going into 2020 we would have never guessed this would have happened, but along the way a dry August got us started. Then, China jumped in and started buying," said Terry…The Acreage Battle May Impact All Commodities
Published January 3, 2021
Corn and soybean futures continue to push higher due to limited supplies. Midwest Market Solutions President Brian Hoops thinks the acreage battle will impact all commodities. "The bidding war for acres will be a supporting feature for spring wheat and…Ag Economist Optimistic About Foodservice Demand in 2021
Published January 3, 2021
CoBank Knowledge Exchange Division Manager Tanner Emke says demand will surface, but that will take some time. "We've got to get the majority of U.S. consumers vaccinated first and it's going to be until summer before that happens." Emke sees…Beet Stock Snapshot
Published January 3, 2021
Last week there were a half dozen American Crystal Sugar Company beet stock brokered sales. That totals 156 shares for an average price of $3,653 per share, according to Acres & Shares broker Jayson Menke. Stay up-to-date on the latest…Current Market is Like a ‘Speeding Train’
Published December 31, 2020
The spot corn, soybean and Chicago wheat markets reached levels not seen in over six years. Minneapolis wheat had the highest spot close in over two years. "You cannot step in front of a speeding train and that's really what…Most Growers Stick With Their Normal Crop Rotation
Published December 31, 2020
Corn and soybean prices have hit levels not seen in six years, but that may have very little impact on the 2021 acreage mix. East River LLP owner Tim Hoggarth says the traditional corn/soybean farmer will usually stay with their…