Markets Articles
Common Sense Trade Policy Sought
Published January 14, 2024
Growth Energy General Counsel Joe Kakesh says Brazilian ethanol imports are a worry. “In 2023, there was a pretty significant imbalance in the tariffs that are imposed on American ethanol,” said Kakesh. “We’re really trying to think through the best…Beet Stock Values
Published January 14, 2024
“Beet stock found its groove last week,” said Jayson Menke, broker, Acres & Shares. Menke reported a strong volume of 504 American Crystal Sugar Company beet shares were brokered with all but one sale at $5,400 per share. On a…A Record Corn Crop
Published January 12, 2024
U.S. corn production is record large. "We really did see a stout increase in the yields of corn and beans compared to what they were in November." said Brian Basting, Advance Trading. "If we look at corn for example, the last…Bearish Numbers
Published January 12, 2024
USDA dumped a mountain of data on the marketplace Friday. U.S. corn production is estimated at 15.3 billion bushels. That’s up 108 million bushels from the last report. The average corn yield is 177.3 bushels per acre. That’s well above…Register for NCI Market Outlook Webinar
Published January 12, 2024
The Northern Crops Institute is hosting a market update webinar on Wednesday at 8 AM. This webinar will feature Jim Sullivan, executive vice president, Leese Group. Sullivan will discuss the World Agricultural Supply and Demand Estimates for key agricultural products.…Coalition Forces Respond to Houthi Attacks
Published January 12, 2024
A U.S.-led coalition has levied a series of attacks on the Houthi rebels in Yemen. These militant pirates have been attacking commercial shipments on the Red Sea. President Biden released a statement, saying the U.S. and its partners will not…A Record Long Navigation Season
Published January 12, 2024
The Port of Duluth-Superior enjoyed its longest navigation season ever. The last cargo for the year was a shipment of beet pulp pellets heading to Ireland. The shipping season out of Duluth lasted 277 days. The St. Lawrence Seaway officially…MAP, FMD Funds Awarded
Published January 10, 2024
USDA is awarding more than $203 million to 70 ag groups to expand export markets. Nearly $175 million will be through the Market Access Program. That includes nearly $13 million for the U.S. Meat Export Federation, $8.6 million for the…Mato Grosso Crop Suffering
Published January 9, 2024
AgResource Company President Dan Basse is home after spending time in Brazil. "We did not like what we saw (in Mato Grosso), the crop is stunted, it's populated poorly and when we look at yield analysis, it's going to be 30-to-50…