Markets Articles
Brazil Trucker Strike Near Chaos Conditions
Published May 30, 2018
Brazilian agriculture consultant Kory Melby says the trucker strike resulted in near chaos conditions in Brazil. "They got a little power hungry and are augmenting their demands. All of that is so out of Brazilian character. No one really knows…Grain Shipments May be Impacted by CP Rail Strike
Published May 29, 2018
Canadian Pacific Railway union workers are scheduled to go on strike tonight. If that happens, it will be the third CP Rail strike in six years. The CP plans to use qualified management staff to operate trains during the strike,…Brazil Trucker Strike Ends
Published May 28, 2018
The Brazilian government is conceding to the demands of truck drivers, ending a seven-day strike. As a result, the government will subsidize the cost of diesel fuel for the next two months. On Thursday, a deal seemed to be in…Section 32 Request Results in Bean Purchase
Published May 28, 2018
USDA is making $177 million in purchases for nutrition assistance programs, including $11 million worth of pinto beans. This purchase is through USDA’s Section 32, which was requested by the Northarvest Bean Growers Association and North Central Bean Dealers Association.USDA to Purchase Pork and Pinto Beans for Nutrition Assistance
Published May 25, 2018
USDA has announced up to $177 million in purchases for federal nutrition assistance programs. A new streamlined system is beginning, which is designed to offer a more consistent process to monitor market conditions and make food purchases. A large variety…U.S.-China Trade Negotiations Planned for Early June
Published May 25, 2018
According to the Chinese news agency, U.S. Commerce Secretary Wilbur Ross will be in China June 2-4 for another round of trade negotiations. Trump Administration officials have said the trade war with China is “on hold” but the trade dispute…Grains and Livestock Close Lower
Published May 24, 2018
The grain market gave up its gains Thursday at the close. RML Trading President Bob Lebacken provides market commentary.Grains Close Higher, Livestock Close Mixed
Published May 22, 2018
Progressive Ag Marketing market analyst Brian Strommen says it was a decent day for wheat and a choppy day for livestock.Analysts Encouraged By U.S.-China Talks
Published May 22, 2018
R.J. O’Brien Head of Market Insights Rich Feltes says news the U.S. and China are pulling trade tariffs off the table is encouraging, which should indicate China will not cancel anymore old crop soybean shipments. “China still has 3.2 million…