Markets Articles
Opportunities at Home and Abroad
Published August 25, 2023
The North Dakota Soybean Growers Association celebrated its 40th anniversary with a special event Thursday night in Fargo. Valley City farmer Monte Peterson is a former chair of the U.S. Soybean Export Council. "The lay of the land today is not…Canada Stands With U.S. Over Trade Dispute With Mexico
Published August 25, 2023
Canada will join the dispute settlement process with the United States and Mexico over the biotech corn. Mexico has banned GM corn for human consumption. Canadian trade and agriculture ministers said they share the U.S. concerns about Mexico not complying…India Considers Sugar Export Ban
Published August 24, 2023
After a dry growing season and poor yields, India is expected to ban sugar exports for the first time in seven years. India recently implemented a similar ban on rice exports. If the sugar ban happens, it will begin in…Russian Drones Target Ukrainian Ports
Published August 23, 2023
Russia is continuing its assault on Ukrainian grain facilities. Russian drones bombed a port on the Danube River overnight. Private grain terminals were damaged and 13,000 metric tons of grain were destroyed. Drones also hit grain storage facilities at the…Soy Connext Gathers Buyers From Around the Globe
Published August 23, 2023
The U.S. Soybean Export Council hosted Soy Connext in New York this past week. More than 700 buyers from 50 different countries participated in this conference. Northern Soy Marketing Vice Chair Mike McCranie, who farms at Claremont, South Dakota, was fielding…Beet Stock Values
Published August 22, 2023
American Crystal Sugar Company beet stock trading is off to a fast start. On August 11, 18 shares were brokered at $5,000 per share. “To my knowledge this is the earliest brokered sale on record,” said Jayson Menke, Acres &…Cargill to Expand Soy Crush Capacity in Brazil
Published August 22, 2023
Cargill has made an offer to acquire three soy crush plants in Brazil. This deal needs antitrust approval from the Brazilian government. If that happens, Cargill will own nine soybean crush facilities in Brazil.What’s Hot, What’s Not in the Markets
Published August 21, 2023
In today's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson is seeing strength in both corn and soybeans. "A lot of it is due to the hot and dry weather." The Pro…Placements Drop Eight Percent
Published August 21, 2023
According to Friday’s USDA Cattle-on-Feed Report, placements as of August 1 were down eight percent from one year ago. The total cattle inventory is down two percent and marketings of fed cattle declined five percent