Markets Articles
Register Now for NCI Market Webinar
Published June 1, 2023
The Northern Crops Institute is hosting another Market Update: Special Edition webinar Wednesday morning at 8 AM. It will feature Matt Ammermann, Vice President of Eastern Europe/Black Sea Region, StoneX Financial. The presentation will be on SWAPS, their role in…Manitoba Pork Upset With Prop 12
Published May 31, 2023
California’s Proposition 12 is impacting more than U.S. hog farmers. Manitoba Pork General Manager Cam Dahl says California’s new housing standards apply to all pork sold in the state. That includes an isowean pig from Manitoba that is raised in…USDA Makes Major Pork Purchase
Published May 31, 2023
USDA plans to purchase $50 million of pork for distribution to food banks and school lunch programs. This is a Section 32 purchase which is designed to take surplus product off the market and support prices. The U.S. pork industry…What’s Hot, What’s Not in Markets
Published May 30, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the cattle market continues to be strong. "Corn is another one that is friendly. We saw the July contract trade…Trade Partners Seek Supply Chain Solutions
Published May 29, 2023
Trade ministers from 14 countries participated in negotiations for the Indo-Pacific Economic Framework Agreement. These trade talks ended Saturday in Detroit. U.S. Commerce Secretary Gina Raimondo said a first-of-its-kind agreement will establish a council to coordinate supply chain activities. It…Shipping Delays at Panama Canal
Published May 28, 2023
Shippers moving through the Panama Canal are being forced lighten their loads and pay higher fees. Due to a drought, the ocean carriers had to cut the weight of their cargoes twice in the past week. This will delay shipments…Weather Worries
Published May 27, 2023
Northern Crops Marketing and Investments President Brad Paulson says a large portion of the Corn Belt is short of moisture. "It sure feels dry when that east wind blows all day long." Rains in the Southern Plains are too late…Adding Value
Published May 27, 2023
South Dakota Soybean Council board member Todd Hanten sees a correlation between the soybean crush and meat exports. "Soy crush in South Dakota has expanded a lot and the more animals we have, the better basis and price we can…Black Sea Standoff
Published May 24, 2023
An extension to the Black Sea Grain Initiative is in place, but issues remain. One of the key Ukrainian ports has shut down operations because Russia is not allowing ships to enter. Russia claims it has been unable to export…