Markets Articles
Cash Cattle Markets See Seasonal Lows
Published October 29, 2023
Cattle futures took a dive after the October Cattle on Feed Report, but NDSU livestock economist Tim Petry still expects fall cash markets to stay ahead of last year’s level. “Calves are priced probably $70 higher than they were last…Beet Stock Values
Published October 29, 2023
American Crystal Sugar Company beet stock brokered sales have been active the past few weeks and pushed prices to record levels. According to Acres & Shares broker, Jayson Menke, 1,491 shares have been brokered the past two weeks and the…10-Year Treasury Yields Continue to Trend Higher
Published October 27, 2023
There was some pullback this past week, but StoneX Chief Commodities Economist Arlan Suderman said the 10-year Treasury notes are close to five percent and still trending higher. "A lot of it is based on the increased debt certificates that…St. Lawrence Seaway Strike
Published October 27, 2023
The St. Lawrence Seaway is shutdown due a strike by Canadian Seaway workers. There are no ships waiting to leave the system, but more than 100 ships are outside waiting to move down the St. Lawrence Seaway. Some of the…Consumers Feel the Pinch of Rising Food Costs
Published October 27, 2023
According to a report from Rabobank, consumers are taking a more cautious approach to food purchases. Third quarter restaurant transactions are down three percent from one year ago. The report said consumers are also being more careful with spending at…Beet Stock Remains Extremely Strong
Published October 26, 2023
The sale of American Crystal Sugarbeet Company beet stock began earlier than normal this year. Red River Land Company President Chris Griffen is seeing solid demand for shares. "Beet stock has remained extremely strong. There's been more volume than is typical…Register Now for Wednesday’s NCI Special Webinar
Published October 26, 2023
The Northern Crops Institute is hosting a Market Update: Special Edition webinar on Wednesday at 8 AM. The webinar will feature Ben Doane, who manages barge freight for CHS. Doane will provide an update on the Mississippi River levels. The…Little Fresh News in the Market
Published October 26, 2023
There's been limited shortcovering after recent downturns in the grain market. Comstock Investments market analyst Joe Camp says traders are reluctant to buy back their position in the market. "There's a lack of bullish motivation in this market in general;…Little Corn Expected to Move in Coming Weeks
Published October 26, 2023
RCM Ag Services market analyst Steve Wagner cites harvest pressure for recent market trends. "We are looking at the tail end of the corn harvest so with what's left out there, I think the market is going to see if it…