Markets Articles

A Volatile Grain Market in 2018

Published January 2, 2019

The grain markets put in a volatile year for 2018, highlighted by political and trade uncertainty. Looking back, Minneapolis March spring wheat was down 65 cents on the year, and March spring wheat was down 68.25 cents. Chicago March wheat…
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Room for Beef Export Expansion

Published January 2, 2019

Twenty eighteen was a strong year for U.S. beef export markets. According to data compiled by USDA and the U.S. Meat Export Federation, beef exports were up nine percent year-over-year and value was up 17 percent for January through October…
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Traders Watching PNW Cash Bids

Published January 1, 2019

Tommy Grisafi, a risk management advisor with Advance Trading Inc., is watching cash bids at the Pacific Northwest for signs of demand. Grisafi says this is a secret market for traders. "It's not something that's as easy to see as pulling…
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Regional Basis Widens in Final Weeks of 2018

Published December 31, 2018

Over the past couple of weeks, basis bids at the six regional elevators the Red River Fam Network follows widened a bit for spring wheat, was steady for corn and mixed for soybeans. Spring wheat basis bids widened one nickel…
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Shutdown Impacts MFP Process

Published December 31, 2018

Farmers who have already certified their 2018 production with the Farm Service Agency should continue to receive their Market Facilitation Program payments during the government shutdown. However, those farmers that still need to fill out the paperwork must wait until…
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More Protection for Dairy Farmers

Published December 28, 2018

With the new farm bill, the Margin Protection Program is being replaced by Dairy Margin Coverage. Premium levels are reduced and coverage levels increase to $9.50 per hundredweight. There are also discounts for consistent use of the program. University of…
Latest NewsMarketsLivestockPolicy

U.S. Lamb Consumption on the Rise

Published December 21, 2018

Lamb consumption is on the rise in the United States. "Over the last five years, domestic consumption is has grown about two percent per year," says American Lamb Board chairman Jim Percival. Also, research conducted by the American Lamb Board…
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