Markets Articles
China Inks Purchase Agreements With U.S. Ag Companies
Published October 24, 2023
For the first time since 2017, China has signed purchase agreements to buy U.S. farm commodities. The non-binding contracts were signed at the China-U.S. Sustainable Agricultural Trade Forum in Des Moines. Eleven grain companies, including ADM, Cargill and Bunge, signed…New USDA Report Released on Carbon Markets
Published October 24, 2023
USDA Undersecretary for Farm Production and Conservation Robert Bonnie said demand is growing within the carbon market. "You see a lot of the interest from companies that buy commodities in creating their supply chain (and) you see producer groups, whether…Delivering a High Quality Product
Published October 23, 2023
Heartland Limousin Association Executive Secretary Dean Summerbell sees two main factors impacting commercial cattle prices. “Cattle population is down and quality is up.” Quality improvements have come from the development of estimated progeny differentials or EPDs over the years with…A Surprising Cattle on Feed Report
Published October 23, 2023
The number of cattle placed in feedlots in September was six percent higher than 2022. That’s well above the range of trade estimates going into Friday’s USDA report. The number of cattle and calves on feed totaled 11.6 million head,…What’s Hot, What’s Not in the Markets
Published October 23, 2023
It's been difficult for any market to sustain any gains in recent days. Within that environment, Martinson Ag Risk Management President Randy Martinson looks at positive trends in wheat. Corn and soybeans have been more lukewarm and livestock futures are…Latin American Delegation Tours SD
Published October 22, 2023
The American Coalition for Ethanol and South Dakota Corn Utilization Council hosted industry stakeholders from Costa Rica, Guatemala and Panama. The U.S. Grains Council event highlighted opportunities for sourcing, marketing and retailing ethanol-blended gasoline. Tour stops included a farm, two…10-Year Notes At Levels Not Seen in 16 Years
Published October 20, 2023
The yield on the benchmark 10-year Treasury notes topped five percent for the first time since June of 2007. Advance Trading Risk Management Advisor Tommy Grisafi said this is significant news for the economy. "That's a different world from what…Fertilizer Market Impacts
Published October 20, 2023
Mississippi River levels are the biggest influence on fertilizer markets right now according to StoneX Vice President of Fertilizer Josh Linville. A lot of product is already in place, but there’s still a tremendous amount of price risk in the…Russian Company Inks Sale to China
Published October 20, 2023
A Russian firm has a deal to export 70 million tons of grain, pulses and oilseeds to China over the next 12 years. This $26 billion agreement is part of China’s Belt and Road Initiative. Russian President Vladimir Putin spent…