Markets Articles
Cattle Market Volatility Not Going Away Overnight
Published August 30, 2019
There has been a lot of volatility in the cattle markets lately. NDSU Extension livestock economist Tim Petry says that volatility will not go away overnight. For Northern Plains cattle producers, their eyes are on the corn market and feeder…Perdue Fields Questions from Farmers at Farm Progress
Published August 29, 2019
Agriculture Secretary Sonny Perdue fielded many questions during a roundtable discussion at the Farm Progress Show on Wednesday. A common topic of discussion was small refinery waivers, the biodiesel tax credit and the Renewable Fuel Standard. "Let's think about how…Forecast Calls for More Corn in 2020
Published August 29, 2019
Farm Futures expects corn acreage to increase in 2020. In its annual forecast, the media outlet put corn acreage at 94.1 million acres. That’s up 4.5 percent from USDA’s August estimate. Soybean acreage is forecast at 83.6 million acres, down…Ripplinger: Ethanol Production Challenges Affect Corn Price
Published August 26, 2019
Ethanol margins are under pressure. In the last year, NDSU Extension says there were at least 15 plants idle or shutdown. NDSU Extension Bioenergy Economist Dave Ripplinger says looking ahead, ethanol demand will need to grow and while E15 availability…Potential to Grow Potato Exports in Japan
Published August 26, 2019
There’s potential to expand U.S. potato exports in Japan. The National Potato Council expressed appreciation of the progress in U.S. and Japan trade negotiations. "We feel positive the Japan situation, by the end of this year, will stabilize," says NPC…Trade Agreement Would ‘Level the Playing Field’
Published August 26, 2019
The National Pork Producers Council and National Cattlemen’s Beef Association are pleased with the progress in the U.S. and Japan trade discussions, saying it will level the playing field with international competitors. Japan is the top market for U.S. beef…U.S. and Japan Reach ‘Agreement in Principle’
Published August 26, 2019
The U.S. and Japan have an agreement in principle following months of trade negotiations. On Sunday, President Trump and Japanese Prime Minister Shinzo Abe released more details from the G7 Summit. Trump calling the agreement tremendous for U.S. farmers. "One…Packer Margins Skyrocket
Published August 26, 2019
The fire and shutdown of the Tyson plant at Holcomb, Kansas has sent the cattle market lower. That includes limit losses in both the live and feeder cattle futures trade last week. While the price paid to cattle producers has…New Development in U.S.-China Negotiations
Published August 26, 2019
According to President Trump, Chinese officials called over the weekend saying the two sides should return to the bargaining table. Trump said China wants to make a deal and “that’s a great thing.” This morning, Trump also tweeted his respect…