Markets Articles
A Positive Outlook for 2021 Milk Prices
Published January 4, 2021
Milk prices have been on a wild ride this past year. Demand is one factor that plays into the 2021 price forecast. According to Commodity Risk Management Group broker Mike North, dairy producers should go into the New Year with…Higher Corn Prices Highlight Concerns for Argentina’s Crop
Published January 4, 2021
Last week’s spike in the corn market shows traders are concerned about the Argentina’s corn crop. "There's news about Argentina not allowing corn exports until at least March 1 and they may have to go beyond that time period, depending…More At-Home Meals Shape 2021 Dairy Consumption Outlook
Published January 4, 2021
COVID changed consumer behaviors, making a shift from foodservice to retail. "We saw a big spike in the sales of cheese and butter, which makes sense with the increase in at home cooking," said Megan Sheets, manager of consumer insights,…Mexico to Phase Out Biotech Corn Imports
Published January 4, 2021
Just before the end of the year, the Mexico government said it would ban the release of biotech corn. This ban on GMO corn imports will be phased out by 2024. Mexico’s National Farm Council said this decision will its…Soybean Market is Nervous Over Tight Stocks
Published January 4, 2021
Tight soybean stocks are pushing the market higher. NDSU Extension Crops Economist Frayne Olson is making that point in his crop market outlook. "If we look back to before the trade war began, a five-to-six percent carryover stock ratio was…What’s Hot, What’s Not in the Markets
Published January 4, 2021
Corn has closed higher for 14 consecutive sessions. Most other commodities are also trading higher to start 2021. Advance Trading Risk Management Advisor Tommy Grisafi offers perspective on this trade in today's edition of What's Hot, What's Not in the…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.