Markets Articles
NAFTA Negotiations to Resume
Published September 17, 2018
Negotiations between the U.S. and Canada will continue this week. Canada’s protectionist dairy policy is one of the biggest hurdles for the United States. The White House wants to have a preliminary NAFTA deal in place by October 1. The…Class 7 Pricing Could be Addressed
Published September 17, 2018
Canada’s dairy supply management system remains a sticking point for the United States, but one leading analyst does not expect that to change. "Canada will not get rid of supply management," said Mike North, President, Commodity Risk Management Group. "The…Weak Basis Seen Nationwide
Published September 16, 2018
This past week, the national average basis levels went to triple digits. "That includes the center Cornbelt, even they are seeing the nearby soybean basis of $1 under," said Elaine Kub, who is a columnist for DTN. "That doesn't really…Farm Show Audience Challenged to Develop New Markets
Published September 16, 2018
Hope is not a marketing plan. Advance Trading Risk Management Advisor Tommy Grisafi challenged the audience at the Big Iron Farm Show to look for ways to prevent a repeat of the current market scenario. "You all found out our…Soybean Market is Plugged
Published September 16, 2018
North Dakota, northwest Minnesota and northeast South Dakota will see more basis pressure this fall than the rest of the Cornbelt. "The soybean pipeline from this area into the domestic market and the world market is plugged," said Frayne Olson,…A Big Crop and Trade Impacting Prices
Published September 14, 2018
Speaking at the Red River Farm Network’s Market Panel, Van Ahn and Company CEO Jim Emter said it’s easy to blame the trade war for the low soybean prices, but there is still a huge supply issue. "We've got the…Record Numbers in USDA Report
Published September 14, 2018
Big crops got bigger Wednesday when USDA updated its supply/demand report. The average national corn yield is forecast at 181.3 bushels per acre, up almost three bushels from the August report. The soybean crop estimate is record high at almost…Canada – U.S. Trade Talks Continue
Published September 12, 2018
Canada’s NAFTA negotiators are traveling to Ottawa to meet directly with Prime Minister Justin Trudeau. Canada’s trade negotiator Chrystia Freeland left a meeting with U.S. Trade Representative Robert Lighthizer saying NAFTA talks are at a point where discussing them face…ND Farmers Markets and Growers Association
Published September 12, 2018
Here’s the latest from the North Dakota Farmers Markets and Growers Association. Carlson Greenhouse and Garden co-owner, Judy Carlson, says it's been a somewhat dry year for growing produce.