Markets Articles
Surprising Export Numbers Released
Published September 7, 2018
China began imposing tariffs on U.S. ag products in early July. Ironically, the July export numbers were very strong. "It's the best July that the U.S. has seen as far as the value of ag exports go," said USDA trade…FAPRI Forecasts a Changing Acreage Mix for ’19
Published September 6, 2018
According to the latest analysis from the University of Missouri Food and Agricultural Policy Research Institute, the trade disputes and a large crop are pressuring markets. FAPRI forecasts a significant drop in soybean acreage for 2019, down almost five percent…Trucking Issues Continue in Brazil
Published September 6, 2018
The Brazilian government has raised the minimum truck freight rates by an average of five percent. The government stepped in with a plan to address freight rates to end a trucker strike in late May. Brazilian farm groups are upset,…Basis Continues to Hamper Local Soybean Prices
Published September 5, 2018
A combination of harvest pressure and market uncertainty continue to impact basis, and current levels are signaling farmers to store grain. In northeast, North Dakota, Dahlen Farmers Elevator manager Mike Kratchovil says product has been hard to move. In addition,…Market Facilitation Program Enrollment Opens This Week
Published September 3, 2018
Sign-up for USDA’s Market Facilitation Program begins Tuesday, September 4. There are a few sign-up options for farmers via the Farm Service Agency. North Dakota FSA Executive Director Brad Thykeson says farmers need to have their 2018 production records for…NAFTA Deal Not Reached Friday
Published September 3, 2018
The U.S., Mexico and Canada didn’t reach a deal on a revamped North American Free Trade Agreement Friday. In a press conference, Canada’s top trade negotiator Chrystia Freeland told reporters the Canadian government won’t sign an agreement unless it’s good…Crop Storage Challenges Ahead
Published August 30, 2018
Basis levels are signaling to farmers to store grain. The problem is there’s only so much storage capacity on the farm and farmers need to generate sales for cash flow. NDSU Extension Crops Marketing Economist Frayne Olson says this year, there…Grain Markets and Livestock Markets Close Lower
Published August 28, 2018
Progressive Ag Marketing market analyst Brian Strommen says the grain markets lacked buying interest on Tuesday. Livestock markets are waiting for things to be established.Grain Markets Close Lower, Livestock Markets Higher
Published August 27, 2018
Ag Resource Company Economist Dan Basse comments on Monday's market close.