Markets Articles
Brazilian Planting Season Off to a Slow Start
Published October 19, 2023
Brazilian ag consultant Kory Melby says it’s been a slow start to Brazil’s planting season. "Mato Grosso is 35 percent and pushing 40 percent planted, Parana is better with it being 50 percent planted," said Melby. "It's probably 20 percent…No Plans to Change Crop Report Methodology
Published October 19, 2023
USDA is defending its methodology for crop production reports. During a biannual data users’ meeting, yield data was questioned. Corn yields have been below USDA’s trendline yields for five straight years. USDA officials said there are no plans to recalibrate…More Soybean Acres, Less Corn in ’24
Published October 18, 2023
Informa Economics IEG is looking for an increase in soybean acres and a downturn in corn acres in 2024. The new forecast calls for corn acreage at 92.5 million, down from 94.8 million acres this past year. Soybean acreage is…Land Values May Level Out
Published October 17, 2023
NDSU Extension Ag Finance Specialist Bryon Parman said land may not be as attractive of an investment with what is happening with interest rates and cash rent. Other investments are getting more interest. “CDs and things like that haven’t really…Hydrogen Hub Praised
Published October 16, 2023
The U.S. Department of Energy has announced that Heartland Hydrogen Hub has been selected for up to $925 million in grant funding. "North Dakota is already an ag and energy powerhouse and with the Heartland Hydrogen Hub, we'll play off those…U.S. Benefits From Multimodal Transportation System
Published October 16, 2023
Low water levels of the Mississippi River are limiting grain movement. Soy Transportation Coalition Executive Director Mike Steenhoek said the United States has a diverse supply chain. "We continue to benefit from having a variety of opportunities to move product…What’s Hot, What’s Not in the Markets
Published October 16, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson offered an unconventional focus with orange juice trading at all-time highs overnight. "Crude oil has also made a good run because…The New War and the Impact on Agriculture
Published October 16, 2023
Israel is preparing for the next phase of the war with Hamas, which is expecting to include a major ground offensive. The Red River Farm Network asked Martinson Ag Risk Management President Randy Martinson about this conflict and the impact…More Soybean Oil Going to the Biodiesel Market
Published October 13, 2023
Thursday’s USDA report indicated more soybean oil is going into biodiesel. USDA Chief Economist Seth Meyer credits the interest in renewable diesel fuel. "It will be interesting to see how this industry evolves between renewable diesel production and more traditional fame…