Markets Articles
Cattle Prices Likely to Hold
Published August 1, 2023
Cattle prices have been at historic levels this summer. KRose Company owner Karoline Rose says something unusual is happening and prices could move even higher. "Some big players, especially in this northern country, have not raised their hand and they're…Fielding Questions
Published July 31, 2023
In this edition of the Fielding Questions podcast, AgCountry Farm Credit Services Vice President of Insurance and Customer Education Rob Fronning goes over insurance coverage options for producers. Fronning reminds producers that it is not too late to get hail…The Bull Pen
Published July 31, 2023
In this monthly conversation about the markets, Advance Trading Risk Management Advisor Tommy Grisafi discusses interest rates, weather, Ukraine and more. The Bull Pen report can be found online.What’s Hot, What’s Not in the Markets
Published July 31, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says production cuts have helped out the crude oil market. Livestock market demand is also positive. "Grains had a very disapointing…Weather Holds the Key to Rebuilding Cattle Herd
Published July 28, 2023
The USDA Cattle Inventory Report showed numbers decreased in all sectors except milk cows. According to NDSU Extension Livestock Economist Tim Petry, there’s one major factor for rebuilding the herd. “It has to rain and that is happening this year.…Interest Rates Rise
Published July 27, 2023
The Federal Reserve bumped interest rates by a quarter percentage point to a range of 5.25 percent-to-5.5 percent. Interest rates are now at a 22-year high. Fed Chair Jerome Powell would not rule out another rate hike at the central…Russian Decision to Impact Food Prices
Published July 27, 2023
The International Monetary Fund is estimating Russia’s withdrawal from the Black Sea grain deal will increase global grain prices by ten-to-15 percent. IMF is also forecasting global inflation at 6.8 percent, down from 8.7 percent last year.Sentiment Doesn’t Match Data
Published July 27, 2023
Wheat growers in attendance at the day two wrap-up in Devils Lake lamented about the lack of rain and how poor their crops look. Wheat Quality Council Executive Vice President says the data collected does not reflect that sentiment right…Solidarity Lanes
Published July 27, 2023
The European Union is upset with Russia’s withdrawal from the Black Sea grain deal and is considering other options. An EU agriculture commissioner is promoting the use of solidarity lanes. This would be alternative routes for Ukrainian grain exports using…