Markets Articles
Pushback
Published March 3, 2023
Legislation proposed to form a grain indemnity fund for Minnesota garnered support from ag organizations, farmers, and the state agriculture department. Minnesota Grain and Feed Association Executive Director Laura Lemke spoke in opposition of the bill, saying there are new…Black Sea Grain Initative Expires This Month
Published February 28, 2023
Ukraine is taking steps to boost exports out of its ports. The Ukrainian parliament has set up a $500 million insurance fund to offset potential damage to civilian ships entering these ports. Ukraine is also seeking a one year extension…U.S. & Mexico Trade Barbs
Published February 28, 2023
The United States is threatening to take a trade dispute with Mexico over biotech corn to a trade dispute panel. Mexico’s economy minister responded by saying its position on banning GMO corn imports is in compliance with the U.S.-Mexico-Canada Agreement.…What’s Hot, What’s Not in the Markets
Published February 27, 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-on-feed report was friendly to the market. Soybean meal values are also strong, due to a poor Argentine soybean…A Supportive COF Report
Published February 27, 2023
As of February 1, the number of cattle and calves on feed was down four percent from one year ago. January placements declined four percent and marketings were up four percent. This would be considered a slightly bullish report. January…Crop Values Rise
Published February 27, 2023
Minnesota crops were valued at $17 billion in 2022, up 13 percent from the previous year. The National Agricultural Statistics Service estimates North Dakota crop production values at $11.2 billion, up 27 percent. In South Dakota, the value of crop…Register for NCI Market Outlook Webinar
Published February 26, 2023
The Northern Crops Institute is hosting another Market Update: Special Edition webinar on Wednesday at 8 AM. The special edition will feature Jacob Shapiro, partner and director of Geopolitical Analysis at Cognitive Investments. Shapiro’s webinar is titled ‘GeoPolitics: Navigating Uncertainty…Beet Stock Values
Published February 26, 2023
Last week, there were 76 American Crystal Sugar Company beet shares brokered for an average price of $4,462.50 per share. On a weekly basis, Acres & Shares compiles sales from the three beet stock brokers and provides a snapshot of…Used Machinery Market Holds Strong
Published February 24, 2023
The inventory of new farm equipment remains tight. Steffes Group President Scott Steffes says that trend has kept the used equipment market strong. “Our expectations of the supply chain improving just hasn’t come to market yet," said Steffes. “If you…