Markets Articles
Basis Levels Not Considered in USDA Aid
Published August 24, 2018
During the townhall meeting with Commerce Secretary Wilbur Ross and USDA Deputy Secretary Steve Censky, North Dakota Agriculture Commissioner Doug Goehring expressed concerns with the Market Facilitation Program portion of USDA's Farmer Aid Package. Due to location, Goehring feels North…MN Corn Yields Are Down From a Year Ago
Published August 24, 2018
Pro Farmer editor Brian Grete says ear counts came in below last year in Iowa and Minnesota, the only states on the Midwest Crop Tour having that situation. Iowa’s corn yield was put at 188.2 bushels per acre, nearly five…Building Demand for Food Grade Soybeans
Published August 22, 2018
Asian and African food company representatives participated in a training session Tuesday at Northern Crops Institute in Fargo. With the current trade environment, Soyfoods Council Executive Director Linda Funk said this type of event can increase demand. "Soybean quality is…US Milk Production Holds Steady
Published August 21, 2018
In July, production totaled 17.3 billion pounds. That’s up 0.4 percent from last year. Minnesota’s cow herd is down 1,000 head from June and down 6,000 head from last year. Minnesota’s milk output is down 0.2 percent. South Dakota’s cow…Digital Yield Tour Results Released
Published August 21, 2018
The DTN/Progressive Farmer Digital Yield Tour is projected a record or near-record corn and soybean crop. This tour uses plant health and yield prediction maps from Gro Intelligence. The national average corn yield is forecast at just under 175 bushels…Farmland Inventory is Tight
Published August 17, 2018
The Minnesota Chapter of Realtors Land Institute is meeting Wednesday and Thursday in New Ulm. Terri Jensen of National Land Realty is one of the organizers of the event and says farmland values are holding firm. "There seems to be…Trump: Be Prepared to Walk Away From NAFTA
Published August 17, 2018
At Thursday's cabinet meeting, U.S. Trade Representative Robert Lighthizer said trade negotiations with Mexico are underway and there’s hope for a breakthrough within a matter of days. Trump held firm, saying any trade deal has to be fair. "If you…Crop Tour Focus Going Into This Week
Published August 16, 2018
Early Thursday, news the U.S. and China will meet caused an uptick in the grain complex. The buying continued throughout the day session. "The next few days are going to be critical for this market. The soybean market had a little…Wheat Shipments Hit a Marketing Year High
Published August 16, 2018
According to USDA’s weekly export sales report, wheat sales came in at a marketing year high of 803,000 tonnes, above the previous week and the prior four-week average. Loewen and Associates President Pete Loewen called attention to the wheat sales.…