Markets Articles
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…Pro Farmer Releases Production Forecast
Published August 26, 2019
Pro Farmer is estimating this year’s corn production at 13.3 billion bushels with an average yield of 163.3 bushels per acre. That compares to the latest USDA yield estimate of 169.5 bushels per acre. Pro Farmer’s soybean estimate is 3.4…What’s Hot, What’s Not in the Markets
Published August 26, 2019
In today's edition of What's Hot, What's Not in the Markets, Advance Trading's Tommy Grisafi highlights a variety of topics, ranging from interest rates to presidential tweets. Grisafi is based at Mayville, North Dakota and will be part of the…Rural Perspectives
Published August 26, 2019
In this episode of the Rural Perspectives podcast, AgCountry Farm Credit Services Market Education Specialist Katie Miller offers insight on the latest crop conditions and what that means come harvest time. Miller also touches on the current trade situation with…Cattle on Feed Total 11.1 Million in the Latest Report
Published August 23, 2019
The most recent Cattle on Feed Report was in line with expectations. According to USDA, there are 11.1 million cattle on feed for slaughter as of August 1, down 400,000 head from last month. That is the highest August 1…China Retaliates, Trump Tweets and Grain Markets Respond Negatively
Published August 23, 2019
When President Trump tweets, the markets respond. The grain markets were mostly lower Friday regarding China trade. Advance Trading market analyst Tommy Grisafi says the markets tried to recover on Friday. "There was big selling in the markets, trying to…NCGA Responds to USDA MFP Details
Published August 23, 2019
In a statement, the National Corn Growers Association said it welcomes the USDA releasing more details of the Market Facilitation Program. According to the NCGA, the payment rate for corn is 14 cents per bushel. Earlier this year, an NCGA…Goehring Seeks Changes in NASS Reporting
Published August 23, 2019
North Dakota Agriculture Commissioner Doug Goehring has broad support for a resolution that he has introduced to the National Association of State Departments of Agriculture. "It is requesting and urging the National Agricultural Statistics Service to use RMA data to…