Markets Articles
Dairy Industry Weighs In Over School Lunches
Published February 9, 2023
USDA’s recent proposals for school nutrition and the Women, Infants and Children program addressed salt, added sugars and whole grains. International Dairy Foods Association Senior Vice President Matt Herrick said the proposal could potentially eliminate chocolate milk from elementary and…Number Two is #1
Published February 8, 2023
At the North Dakota Livestock Alliance's annual summit, Executive Director Amber Boeshans said livestock is the key to diversifying agriculture in the state. "In North Dakota, we have an opportunity to responsibly add livestock to the state." Animal agriculture is…Record Dairy Exports
Published February 7, 2023
U.S. dairy export sales were record high in both value and production in 2022. According to USDA, dairy exports totaled $9.5 billion in value last year. That beats the 2021 record by 25 percent. Sales totaled 2.8 million metric tons…Bull Pen Report with Tommy Grisafi, Advance Trading
Published February 7, 2023
Moving into the balance of the year, Advance Trading Risk Management Advisor Tommy Grisafi remains cautiously optimistic. "I'd rather be forward sold this year and owning calls than having a put," said Grisafi. "I'm confident that 'store and ignore' won't…South America’s Potential for Pork Markets
Published February 6, 2023
In a recent trip to Columbia and Panama, the National Pork Board trade team and US Meat Export Federation toured expanding infrastructure that has allowed for more advanced trade of pork products to the countries. USMEF Chair-elect Randy Spronk says…What’s Hot, What’s Not in Markets
Published February 6, 2023
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson points to the strength in the soybean meal market. The condition of the Argentine soybean crop is cited as the issue.…Cost Concerns
Published February 6, 2023
North Dakota Stockmen’s Association Past President Dan Rorvig chairs the National Cattlemen’s Beef Association Tax and Credit Committee. Rorvig is concerned about high input costs and rising interest rates. "We are a little optimistic about the direction feeder cattle and…Ransomware Attack Delays Commitment of Traders Report
Published February 6, 2023
The weekly Commodity Futures Trading Commission Commitment of Traders Report is unavailable. A third-party financial data firm is unable to provide the information due to a cyber-attack. A ransom was reportedly paid to a hacking group called LockBit. It may…Tensions Rise Over Suspected Spy Balloon
Published February 6, 2023
China is criticizing the Biden Administration’s decision to shoot down the suspected surveillance balloon. A Chinese foreign ministry official said the U.S.’s use of force is “a clear overreaction and a serious violation of international practice.” A threat of retaliation…