Markets Articles
What’s Hot, What’s Not in the Markets
Published October 12, 2020
Advance Trading Risk Management Advisor Tommy Grisafi outlines What's Hot, What's Not in the Markets. In today's update, Grisafi highlights the USDA carryout numbers and the impact presidential politics has on the market.Canola Minute
Published October 12, 2020
Demand is driving a contraseasonal rally in canola prices. Learn more from Northern Canola Growers Association Executive Director Barry Coleman in this edition of the Canola Minute.Can the U.S. Beef Industry Expand Packing Capacity?
Published October 11, 2020
Can the U.S. beef industry expand packing capacity? This was just one, of the many questions, answered in a recent Rabo Agrifinance report. According to animal protein analyst Dustin Aherin, there indeed is room for expansion in the beef packing…Little Margin for Error
Published October 9, 2020
USDA dropped soybean acres and increased exports. StoneX Group Chief Commodities Economist Arlan Suderman says that "leaves very little margin for error with production problems in South America." The Agriculture Department cut 700,000 acres from the planted and harvested acres.…No Surprises in U.S. Corn/Soybean Production
Published October 9, 2020
USDA is estimating soybean production at 4.3 billion bushels and corn production at 14.7 billion bushels. Both numbers are within trade expectations. The average soybean yield is projected at 51.9 bushels per acre, which is unchanged from the September report.…Soybean Ending Stocks Down 170 Million Bushels From Last Month
Published October 9, 2020
The USDA soybean ending stocks are projected at 290 million bushels. That’s well below the average trade guess of 352 million. The drop reflects a smaller supply and higher exports. The U.S. corn carryout is 2.1 billion bushels, which was…Grain Traders Prepare for October Supply/Demand Report
Published October 9, 2020
The grain trade is pre-positioning ahead of today’s USDA Supply and Demand report. Total Farm Marketing Senior Market Advisor Naomi Blohm says we could be in for a wild ride. "The surprise friendly quarterly stocks report is still setting the…Traders Cautious Heading Into October Supply and Demand Report
Published October 9, 2020
Traders are cautious going into today’s USDA Supply and Demand report. Following this week’s rally, RML Trading president Bob Lebacken says we could see a bearish market reaction even if we get bullish numbers. "We made new highs in the…China May Fall Short on Phase One Deal Ag Purchases
Published October 7, 2020
Agriculture Secretary Sonny Perdue says China may fall short on its U.S. ag purchases this year as outlined in the phase one trade deal. NDSU Extension Crops Economist Frayne Olson agrees, saying the slow implementation, coronavirus outbreak and a lack…