Markets Articles
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…Black Sea Grain Deal on the Agenda
Published August 31, 2023
The Turkish president is planning to meet with Russian President Vladimir Putin on Monday to discuss Black Sea grain exports. Turkey and the United Nations brokered the deal for the Black Sea Grain Initiative in 2022. However, Russia withdrew from…Rising Diesel Fuel Prices
Published August 28, 2023
Diesel fuel futures rose nearly two-and-a-half percent this past week, reaching levels not seen since the end of January. This the ninth straight week of price increases. That’s a trend that hasn’t happened since 1978. The sharp increase in diesel…Cabinet Secretary in Beijing
Published August 28, 2023
Commerce Secretary Gina Raimondo is in China to discuss trade and economic issues. Raimondo is the third cabinet secretary to travel to Beijing this summer. These visits precede a meeting between President Biden and Chinese President Xi in November.A Different Mindset
Published August 27, 2023
The dramatic ups and downs in the corn market may be in the rearview mirror for a while. Advance Trading Risk Management Advisor Tommy Grisafi says that requires a different mindset. "There's farmers that had a cost of production of…Bids Being Taken at ND’s First Soybean Crush Plant
Published August 27, 2023
Green Bison Soy Processing is ready to process this year’s soybean crop. The Spiritwood, North Dakota facility will have the capacity to process 150,000 bushels of soybeans per day. "We're expecting for the first soybeans to be delivered to Spiritwood…Pro Farmer Confirms Lower Yields
Published August 26, 2023
After wrapping up its annual tour, Pro Farmer is estimating U.S. corn production at 14.9 billion bushels with an average yield of 172 bushels per acre. That compares to the August USDA forecast of 15.1 billion bushels and an average…