Markets Articles
Corn/Soybean Output Takes a Hit in South Dakota
Published November 11, 2019
According to USDA, South Dakota’s corn and soybean production will decline significantly this year. Corn production is down 24 percent with the average yield forecast at 151 bushels per acre, down nine bushels from last year. Soybean production is down…USDA Adjusts North Dakota Production
Published November 11, 2019
North Dakota’s soybean production is forecast to be down 23 percent from last year, while corn production is expected to increase five percent. North Dakota’s average soybean yield was put at 33 bushels per acre in Friday’s report, down two…What’s Hot, What’s Not in the Markets
Published November 11, 2019
Advance Trading Risk Management Advisor Tommy Grisafi is attending the Ag Bankers Conference in Dallas to start this week. Grisafi highlights banker attitudes in this morning's edition of What's Hot, What's Not in the Markets.Lower Ending Stocks Noted for U.S. Corn and Soybeans
Published November 8, 2019
USDA lowered 2019-20 global ending stocks for corn and soybeans, but raised global wheat ending stocks. Global corn production is forecast to be down 1.8 million tonnes to 1.39 billion tonnes. USDA lowered global soybean ending stocks by 600,000 tonnes…Lots of Changes for Corn in November USDA Report
Published November 8, 2019
There were lots of changes for corn in the November USDA Supply and Demand report. USDA lowered corn production estimates to 13.66 billion bushels. Last month’s estimate was 13.77 billion bushels. Corn yield is forecast at 167 bushels/acre, lower than…USDA Lowers Wheat Supplies in November Report
Published November 8, 2019
USDA lowered wheat supplies, reduced domestic use and lowered ending stocks in the November Supply and Demand report. USDA reduced wheat supplies 42 million bushels on updated production estimates in North Dakota and Montana, where a significant amount of acreage…National Pork Producers Council Launches USMCA Campaign
Published November 7, 2019
The National Pork Producers Council launched a new campaign this week to highlight the importance and benefits of the U.S. Mexico Canada Agreement. Called ‘It’s Pork O’Clock Somewhere,’ the campaign features pork dishes made possible by the USMCA and facts…Rabo AgriFinance 10-Year Outlook Shows More Pressure for Ag
Published November 7, 2019
In its latest 10 year outlook, Rabo AgriFinance Senior Grain and Oilseed analyst Steve Nicholson says the U.S. will continue to increase production and the trade war will have an impact, especially on soybeans. "Upwards of $2.50 per bushel can…Grain Traders Shifting Focus Toward South America Soon
Published November 6, 2019
Bower Trading President Jim Bower says once Friday’s USDA reports are released, the focus of traders will quickly shift to South American production. "Argentina has dry issues like Brazil, but with the next storm fronts approaching, it looks like 80…