Markets Articles
Dry Bean Acres Expected to Increase
Published April 5, 2024
Northarvest Bean Growers Association Executive Director Mitch Coulter expects dry bean acreage this season to be in line with the latest USDA planting intentions report. Compared to corn, soybeans and wheat, dry edible bean prices have held together. "Of course,…Safety Precautions Advised
Published April 5, 2024
With HPAI expanding from juvenile goats to dairy cattle to a person, additional safety precautions are advised. Great Plains Center for Agricultural Health Director Renee Anthony said this may be an isolated case, "but, we really need to be prepared…Red Meat Exports Impact on 2023 Corn and Soybeans
Published April 3, 2024
The U.S. Meat Export Federation has released a report showing an economic impact of 14.6 percent per bushel of corn in 2023 by red meat exports. The Juday Group founder Dave Juday explains. “Red meat exports that both beef and…Indian Government Asks Traders to Hold Off on New Crop Wheat
Published April 3, 2024
The Indian government has asked traders to avoid buying new-crop wheat from local farmers. Following drought in 2022 and 2023, the government-run Food Corporation of India depleted its reserves and is still working to replenish its supply. The FCI is…A Temporary Option at Port of Baltimore
Published April 2, 2024
State and federal officials plan to open a temporary, alternative channel to maintain shipping activity at the Port of Baltimore. This route would be around the collapsed bridge and it would be limited to “commercially essential vessels.” A timeline has…Freight Rate Differences
Published April 2, 2024
A decision by Canadian Pacific Railway is impacting shippers moving grain to the Pacific Northwest, including Full Circle Ag at Forman, North Dakota. Grain Division Manager Justin Ostby said CP will not match the BNSF freight prices at neighboring elevators.…Brazilian Crop Estimates Vary
Published April 2, 2024
Soybean and Corn Advisor Michael Cordonnier says the Brazilian soybean crop has been widely variable. "I would say it's average, but there's a big disparity about the estimates," explained Cordonnier. "USDA's (estimate is) very high while some of the folks…Crush Plants May Need to Get Creative
Published April 1, 2024
Iowa Soybean Association Demand and Advocacy Chief Officer Matt Herman spoke at the NDSU Soybean Symposium saying the Environmental Protection Agency’s multi-year Renewable Fuels Standards is still having an impact on the renewable diesel market. EPA's targets didn’t hit expectations,…What’s Hot, What’s Not in the Markets
Published April 1, 2024
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson said gold is setting new highs. "We're also seeing the Dow and S&P 500 setting contract highs on Thursday and again…