Markets Articles
Panama Canal Adjusts Daily Limit
Published January 18, 2024
Due to low water levels, the Panama Canal Authority has limited daily ship crossings to 24 per day. That’s an improvement from the 20 slots previously announced for January due to recent rains providing some relief to the low water…Red Sea Conflict Has Ripple Effect
Published January 18, 2024
The Ukrainian agriculture minister is warning the problems on the Red Sea will hurt its agricultural exports. The movement of commodities on the Red Sea has been slowed by Houthi attacks on cargo ships, forcing shippers to go around the…Record Crush
Published January 17, 2024
The National Oilseed Processors Association reported a record December soybean crush. Comstock Investments market analyst Joe Camp gives some of the credit to the new crush capacity. "We do have new plants in the west that have come online here…ADM Expands Traceable Soybean Pilot
Published January 17, 2024
ADM is shipping its first cargo of verified, fully-traceable soybeans from the United States to Europe. This is being done ahead of the EU’s implementation of its deforestation rules at the end of the year. The EU adopted these new…What’s Hot, What’s Not in Markets
Published January 16, 2024
In a holiday-shortened week, Martinson Ag Risk Management President Randy Martinson is seeing a recovery in the cattle market. "The weather slowed down marketing and it is going to take slaughter weights down." In What's Hot, What's Not in Markets,…Administration Considers Removal of Snake River Dams
Published January 16, 2024
The export business has been complicated by transportation issues, ranging from the conflicts on the Red Sea and Black Sea to low water levels at the Panama Canal. Bismarck lawyer David Barrett, who previously served as general counsel for the…Bypassing the Panama Canal
Published January 15, 2024
One of the largest container shipping companies in the world plans to bypass the Panama Canal by using the railroad. The Panama Canal is dealing with reduced water levels due to a drought which has impacted the volume it can…A One-Two Punch
Published January 15, 2024
There was little positive news in Friday’s USDA reports. U.S. Commodities President Don Roose says the January report is dangerous because it has so many moving parts. "No doubt, the government threw a haymaker to us on the negative side,"…Corn Matters
Published January 15, 2024
The Minnesota Corn Growers Association invites farmers to take part in the next webinar in the Let’s Talk Crops series. Kluis Commodity Advisors Managing Director Al Kluis will review USDA reports, charts and how to build a grain marketing plan.…