Markets Articles
Fall Equipment Market Is Hot
Published October 2, 2023
With a better-than-expected crop, Steffes Group President Scott Steffes is looking for farm equipment prices to remain strong this fall. “We still have a shortage of equipment so what’s going to be out there is going to be pretty well…Farmland Prices are ‘Patsy Cline Crazy’
Published October 1, 2023
The economy, interest rates and input costs were part of the conversation at last week's Ag Credit Conference in Bismarck. One of the speakers, Virginia Tech Professor Emeritus Dr. David Kohl said agriculture is experiencing what he calls 'a triple…Promoting Trade Opportunities in Chile
Published September 29, 2023
North Dakota Agriculture Commissioner Doug Goehring was part of a USDA trade delegation in Chile this past week. In a call from Santiago, USDA Undersecretary Alexis Taylor said there are opportunities to export meat, dairy products and grain. Goehring added…Market Hog Numbers Higher Than Expected by the Trade
Published September 29, 2023
As of September 1, there were 74.3 million hogs and pigs in the United States. That’s up slightly from last year and up two percent from the June report. The breeding herd inventory is at just over six million head,…Register for NCI Market Update Webinar
Published September 28, 2023
The Northern Crops Institute is hosting a Market Update: Weather Edition webinar Wednesday at 8 AM. This webinar will feature Daryl Ritchison, director, North Dakota Agricultural Weather Network, who will be presenting on the current weather trends and predictions for…Barge Traffic Hampered by Low Water Levels
Published September 28, 2023
Due to low water levels on the lower Mississippi River, new draft and tow-size restrictions have been implemented for barge traffic. American Commercial Barge Line is reporting parts of the river channel are down to nine feet. Delays of 48-to-72…Cow-Calf’s Turn to Take Profits
Published September 26, 2023
Bagley Livestock Exchange co-owner Billy Bushelle says some producers are considering selling calves straight from the cow this fall to take advantage of high prices sooner. Buyers are still willing to pay a premium for calves that have been weaned…Mercosur Bloc and Vietnam Consider Trade Deal
Published September 26, 2023
Vietnam is reportedly interested in securing a trade deal with the Mercosur bloc which includes Brazil, Argentina, Paraguay and Uruguay. This follows an attempt by the Mercosur nations to finalize a trade agreement with the European Union. Work has been…What’s Hot, What’s Not in the Markets
Published September 25, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the market is going into a quiet mode, but soybeans and wheat exports are weighing down the market.