Markets Articles
Cattlemen Rally for Fair Market Conditions
Published October 2, 2019
Cattlemen gathered in Omaha, Nebraska Wednesday, calling attention to current market conditions. Lately, cattle prices remain depressed, but wholesale and retail beef prices remain near historically high levels. R-CALF CEO Bill Bullard believes the industry is facing an impending crisis.…September CME Group/Ag Economy Barometer Declines
Published October 1, 2019
The September CME Group/Ag Economy Barometer reads 121, a three-point decline from August. According to the report, farmers are pessimistic about current farm conditions, but more optimistic about the future. The Center for Commercial Agriculture Associate Director Michael Langemeier says…Not Much in Quarterly Stocks Report for Wheat
Published October 1, 2019
Monday’s USDA Quarterly Stock Report was viewed at friendly to the corn, soybean and winter wheat markets. Van Ahn and Company market analyst Kristi Van Ahn says there was nothing in there for wheat numbers. "You have to remember Minneapolis…Strong Basis Confirmed in Stocks Report
Published October 1, 2019
Advance Trading Ag Risk Management Advisor Tommy Grisafi says Monday's Quarterly Stocks Report confirmed the very strong corn basis levels. "Basis doesn't lie. The basis is where you get final price and it's been on fire all over the country,…U.S. Imports Corn From Brazil
Published October 1, 2019
For the first time this year, Brazil is shipping corn to the United States. According to a review of shipping data, Cargill has one shipment on the way to the U.S. Another Brazilian grain trading firm called NovaAgri has also…USDA Releases 2019 Small Grains Summary
Published September 30, 2019
According to the 2019 USDA Small Grains Summary, all wheat production for 2019 is 1.9 billion bushels. That is up four percent from the 2018 total of 1.8 billion bushels. Harvested area is at 38.1 million acres, down four percent…Stocks Report Highlights Potential for Bigger Feed Usage
Published September 30, 2019
Monday's USDA’s Quarterly Grain Stocks report suggests feed usage is likely bigger than what USDA thought it would be. That’s according to INTL FC Stone Chief Commodities Economist Arlan Suderman. "It also suggests USDA overstated the size of the corn…Corn and Soybean Stocks Come In Below Trade Expectations
Published September 30, 2019
USDA released their quarterly Grain Stocks Report on Monday. As of September 1, old crop corn stocks in all positions were at 2.1 billion bushels. That's down one percent from last year and more than 300 million bushels below the…The Economy and Trade is Concerning for K-State Ag Economist
Published September 30, 2019
Dr. Barry Flinchbaugh, agricultural economics professor at Kansas State University, is concerned about two things in agriculture; the American economy as it sits today and the ongoing trade wars. "The American Economy is growing very slowly and there is the…