Markets Articles
Volatile Markets Have Become the Norm
Published August 2, 2023
The market has made wide swings with every potential weather event. "The Cornbelt is dry," said Rob Fronning, Vice President of Insurance and Commodity Marketing, AgCountry Farm Credit Services. "With hit-and-miss showers, there's spots that get rain and they'll have…McKalip: Keeping ‘the Foot on the Gas Pedal’
Published August 1, 2023
During a Farmfest forum Tuesday, Chief Agricultural Trade Ambassador Doug McKalip painted a positive story about the Biden Administration’s trade policy. A question came from the audience about the potential for new trade agreements. "Our goal in regards to the…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.