Markets Articles
‘Cattle Markets on a Tear’
Published June 15, 2023
After a few difficult years, cattle producers finally have the upper hand. "We're finally in a position where we have good news with weather, moisture and markets," said Jason Leiseth, president, North Dakota Stockmen's Association. Leiseth believes the rebound in…Dairy Margins in the Red
Published June 15, 2023
Class III milk prices have slipped into the high $15 level, causing problems for the entire dairy industry. AgResource Company President Dan Basse says it is a demand issue. "It's really a problem in the whey market; China has not…Welcome News for USMEF
Published June 15, 2023
U.S. Meat Export Federation President and CEO Dan Halstrom describes the contract agreement as tremendous news for the red meat industry. "The tentative agreement that's been reached with the West Coast longshoremen is paramount of importance to us," said Halstrom.…Cow/Calf Operations in a Strong Position
Published June 14, 2023
Stronger-than-expected calf prices brightened the outlook for cow/calf producers. Steiner Consulting Senior ag economist Altin Kalo says a rebound in cattle prices has been on the horizon for months. "We've had multiple years of reducing calf prices and a significant…Contract Dispute Continues at West Coast Ports
Published June 14, 2023
Labor negotiations continue between unions representing dock workers and the terminal operators of the 29 West Coast ports. These dockworkers have been working without a contract since July of last year. In his monthly update on port activity, the Port…What’s Hot, What’s Not in the Markets
Published June 12, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson said the corn and soybeans are bullish driven by a weather market. "I think they're waiting to see if the noon…Haag: Science is on Our Side
Published June 10, 2023
The process for dispute settlement consultations with Mexico under the U.S.-Mexico-Canada Agreement will take time. National Corn Growers Association President Tom Haag is pleased to finally see some traction in response to Mexico’s ban on biotech corn. "This could take…Drought May Slow Barge Movement
Published June 10, 2023
Dryness across a large part of the Eastern Corn Belt is raising concern about river levels. Loewen and Associates market analyst Matt Hines says barge traffic could be at risk. "We got down to some record low levels not too…Market Desensitized to the Headlines Coming Out of Russia-Ukraine
Published June 9, 2023
In recent days, a dam and hydroelectric plant in Russian-controlled southern Ukraine was destroyed and a section of a major pipeline carrying ammonia fertilizer was blown up. StoneX Chief Commodities Economist Arlan Suderman says the market is getting desensitized to…