Markets Articles
Potato Stocks Decline
Published April 19, 2023
Potatoes held in storage on April 1 totaled 121 million hundredweight. That’s down five percent from April of last year. Potatoes in storage account for over 30 percent of this past year’s production. According to the USDA report, potato stocks…Disagreement Continues for Black Sea Grain Deal
Published April 19, 2023
The tit-for-tat disagreements continue between Russia and Ukraine regarding the Black Sea Grain Initiative. Russia claims Ukraine is demanding bribes from ship owners to register new vessels. Ukraine said Russian grain inspectors were holding up grain shipments. After two days…Collaborative Approach Highlighted
Published April 18, 2023
Highly Pathogenic Avian Influenza was among the topics addressed in a House agriculture subcommittee Tuesday. USDA Undersecretary for Marketing and Regulatory Programs Jenny Lester Moffitt emphasized a collaborative approach to educate all parties about avian flu. "The partnerships with states, with…What’s Hot, What’s Not in Markets
Published April 17, 2023
In today's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson said live cattle futures are making new all-time highs. "We have tight supplies and they're only going to get tighter as we…Brazilian Beans Coming to the U.S.
Published April 17, 2023
With a significant difference in price, Brazilian soybeans will soon be feeding hogs and birds in North Carolina. A 30,000 metric ton vessel will be leaving Brazil before the end of the month, heading to U.S. East Coast. This would…Beet Share Values
Published April 16, 2023
There was one American Crystal Sugar Company brokered beet stock sale this past week for ten shares at $4,800 per share. “As the season winds down there are few shares on the market at higher prices,” said Jayson Menke, Acres…Cheese Demand Props Up Class III Price
Published April 16, 2023
The dairy market remains wary about the spring flush and the destination for that volume of milk. In the Midwest, a lot of that milk supply ends up in a cheese vat. “The good news is the consumer has been…Fate of Black Sea Grain Deal in Question
Published April 13, 2023
Russian President Vladimir Putin’s press secretary is repeating a message that has been heard in recent weeks. Dmitry Peskov said the outlook for the Black Sea Grain Initiative is “not so great.” A month ago, Russia only agreed to a…Beet Sugar Production Declines
Published April 12, 2023
In its supply/demand report, USDA dropped beet sugar production by more than 10,000 short tons, raw value due to slightly lower sugar recovery and a small increase in the beet pile shrink. High-tier tariff imports increased to 225,000 short tons…