Markets Articles
August Ag Economy Barometer Falls
Published September 4, 2019
The August Purdue University/CME Group Ag Economy barometer reads 124, a 29-point decline from July. The decline is attributed to a farmer’s expectations for current and future economic conditions. In the latest farmer survey, more than two-thirds of respondents say…What’s Hot, What’s Not in the Market
Published September 3, 2019
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading risk management advisor Tommy Grisafi outlines the latest market news. The NOAA Climate Prediction Center is reducing the threat of frost for the next two weeks…2019 MFP Calculations Differ From 2018
Published August 30, 2019
USDA released more details on how the Market Facilitation Program payments are calculated. NDSU Extension Agricultural Finance Specialist Bryon Parman says this year’s program payments are significantly different from last year. "The soybeans are $2.05, compared to last year's $1.65.…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…