Markets Articles
B20 Mandate Delivers Demand for Soyoil
Published April 25, 2018
As of May 1, Minnesota’s B20 mandate takes effect. Minnesota Soybean senior director of product development and commercialization Mike Youngerberg says the mandate provides another market for soybean oil. "We've got great markets for soybean protein, but soybean oil has…Red Meat Production Increases
Published April 19, 2018
Total U.S. red meat production totaled more than 52 billion pounds last year, three percent higher than the previous year. The USDA annual report on livestock slaughter reports beef production rose four percent, pork production was up three percent, lamb…Grisafi Opens Portland, ND Office
Published April 17, 2018
Tommy Grisafi, risk management advisor for Advance Trading, Inc., has opened a new North Dakota office. Grisafi has a long-time presence in the region and now has an Advance Trading branch office at Portland, North Dakota. Grisafi has been trading…Modernizing the Lock and Dam System
Published April 17, 2018
The unpredictable and sporadic funding given to the modernization of the U.S. lock and dam system is costing taxpayers more money. This study was conducted by Texas A&M University and commissioned by the Soy Transportation Coalition. The report says a…Trade Dispute and Farm Bill Causing Anxiety
Published April 13, 2018
The trade dispute with China could impact several commodities, including a proposed 25 percent tariff on all U.S. wheat exports. While China is a small market for wheat, National Association of Wheat Growers CEO Chandler Goule says keeping all international…U.S. Pork to Argentina
Published April 13, 2018
The United States and Argentina finalized an export certificate allowing U.S. pork to be shipped to Argentina. The National Pork Producers Association says the new opening represents the first time in 25 years U.S. pork will be allowed into Argentina.…First ‘Saltie’ of the 2018 Season
Published April 12, 2018
The first ‘saltie’ (or ocean vessel) of 2018 has made its way to the Port of Duluth-Superior. From there, the vessel is expected to start loading 21,400 metric tons of durum bound for Algeria at the CHS terminal Monday morning.…GOA Issues Report on Cattle Markets
Published April 10, 2018
A report by the Government Accountability Office shows supply and demand factors that affected cattle feed prices, such as a drought, also affected changes in fed cattle prices. From 2013 to 2016, the price of fed cattle fluctuated and experienced…USDA Lowers Global Ending Stocks
Published April 10, 2018
USDA lowered global ending stocks of corn and soybeans in the April Supply and Demand report. Global corn supply is lowered seven million tonnes to 1.3 million tonnes and soybean ending stocks are down 600,000 tonnes to 174 million tonnes…