Markets Articles
#3 Story of 2020: New Opportunities Seen in Agricultural Trade
Published December 31, 2020
On January 15, the U.S. and China signed the phase one trade agreement. During the signing ceremony, Agriculture Secretary Sonny Perdue said "I believe it will be a real bonanza for American farmers, ranchers and producers." China agreed at that…Northern Plains Basis Levels Stronger at Year End
Published December 30, 2020
Basis levels at the six regional grain elevators followed by the Red River Farm Network remain mostly unchanged from the previous week. Soybean basis remains 40 to 80 cents under the March futures contract. Corn basis levels is 25 to…Weather Drives Soybean Markets Higher
Published December 30, 2020
Van Ahn and Company CEO Jim Emter thinks Tuesday’s sharply higher soybean market was likely driven by weather. "When you look at the January, February and March outlook, the forecast points to a drier and warmer tendency for southern Brazil…Strike Ends
Published December 30, 2020
Argentina’s 20-day strike at the Port of Rosario has come to an end. Union workers got a 25 percent salary increase from January through August. The salary bump for the remainder of the year will be determined by Argentina’s inflation…#7 Story of 2020: The Grain Markets Rally
Published December 29, 2020
Weather, demand and COVID stimulus helped push 2020 grain prices to levels not seen in years; $12 soybeans and $4 corn. U.S. Commodities President Don Roose says production issues around the world are pushing prices higher. "We got into drought…Canola Minute
Published December 28, 2020
The canola market continues to maintain strength this winter. Find out more from Northern Canola Growers Association Executive Director Barry Coleman in the latest Canola Minute.Higher Class III Milk Prices Seen
Published December 28, 2020
Milk futures shot higher last week with limit gains in Class III milk futures. AgResource Company President Dan Basse says support is not just coming from the COVID stimulus bill. "It's also the world market. If you look at the…Top Stories of 2020
Published December 28, 2020
1. COVID-19 Dominates the News, and the Impact is Felt Worldwide - Unbelievably, supply chain disruptions resulted in animals being euthanized and milk dumped. More meals are eaten at home and fewer miles are driven; influencing everything from foodservice demand…What’s Hot, What’s Not in the Markets
Published December 28, 2020
In this edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi outlines the multiple-year highs in the corn trade and a stronger bitcoin market. Grisafi also offers a cautionary note about losing control…