Markets Articles
FMMO Reform in Sight
Published September 7, 2023
The hearing over the Federal Milk Marketing Orders may last well into October. This is the first comprehensive hearing about federal orders in over 20 years. National Milk Producers Federation President and CEO Jim Mulhern said progress is being made…FAPRI Projects a Further Decline in Commodity Prices
Published September 6, 2023
Many of the factors that pushed farm prices to record or near-record levels in 2022 have reversed or moderated this year. The Food and Agricultural Policy Research Institute at the University of Missouri made that point in the release of…Barchart Forecasts Big Yields
Published September 6, 2023
Barchart has released its September yield estimates, forecasting an average corn yield of 177.6 bushels per acre. That’s two-and-a-half bushels bigger than USDA’s August report and nearly six bushels larger than Pro Farmer’s estimate. The Barchart soybean estimate is at…What’s Hot, What’s Not in the Markets
Published September 5, 2023
In this edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson sees opportunity in the soybean and cattle markets. Wheat and corn are continuing to struggle.Outbidding Each Other to Get Through Panama Canal
Published September 4, 2023
Water levels on the Mississippi River are low, impacting barge movement once again this fall. The Panama Canal is also dealing with major restrictions due to very low water levels. Only 32 vessels are allowed to cross each day, down…Harvest Prices Announced
Published September 4, 2023
The Revenue Protection crop insurance harvest prices have been announced. Spring wheat is at $7.97 per bushel, down from $8.87 per bushel in 2022. Durum is at $9.09, down from $10.11 per bushel last year. The harvest price for barley…Heat Could Impact Basis
Published September 3, 2023
It is still difficult to nail down accurate yield projections. MinnStar Bank Farm Management Analyst Kent Thiesse expects to see a lot of variability. "There’s probably going to some above average yields, but there’s probably going to be a lot…RRFN Hosting Market Outlook Forums
Published September 3, 2023
Join the Red River Farm Network at the Big Iron Farm Show in West Fargo on September 12-14. Each afternoon, RRFN hosts industry-leading market analysts for a conversation about the markets. The analysts on the stage include Jerry Gulke, Tommy…Farm Futures Forecasts ’24 Acreage
Published August 31, 2023
Farm Futures Magazine is out with its projections for the 2024 planting season. The media outlet is calling for corn acreage of 93.1 million. That’s down from a 94 million acre crop this season. Farm Futures is estimating soybean plantings…