Markets Articles
Possible Bison Exports to Japan
Published January 23, 2023
The wheels are turning toward a bison export market in Japan. American Bison Association Executive Director Jim Mathison says members of their organization have been exploring the possibility and the first steps are being taken to make it a reality.…A Consistent Carbon Pricing System
Published January 23, 2023
The World Trade Organization director-general, Ngozi Okonjo-Iweala, wants world leaders to adopt a shared carbon-pricing system. Today there are at least 70 different carbon pricing options available around the world. The WTO leader believes one consistent policy will provide certainty,…A Neutral Cattle on Feed Report
Published January 23, 2023
Friday’s USDA Cattle-on-Feed Report is considered to be mostly neutral. The on-feed total of 11.7 million head was down three percent from one year ago. December placements topped 1.8 million head, down eight percent. Marketings of 1.7 million head was…Farm Futures Forecast
Published January 23, 2023
According to a Farm Futures survey of U.S. planting intentions, corn plantings will total 90.5 million acres this year. That's up from USDA's 2022 estimate of 88.5 million. Soybean acreage is estimated at 88.9 million acres, up from 87.4 million…Efforts Underway to Update Organic Program
Published January 19, 2023
USDA is making changes to strengthen the enforcement of its National Organic Program. The proposal calls for improved farm-to-market traceability and greater insight over imports.Ships Sitting Idle in the Black Sea
Published January 19, 2023
The United Nations is seeking more efficiencies in the shipment of grain out of the Black Sea Region. There is a backlog of more than 100 ships in Turkish waters waiting to be inspected. The U.S. Ambassador to the United…Surging Oil Demand
Published January 18, 2023
The International Energy Agency is forecasting record oil demand this year. This demand is linked to China reopening its economy following COVID-related shutdowns. The IEA expects oil demand to total 1.9 million barrels per day. That’s up nearly 200,000 barrels…Spring Wheat Competing for Acres
Published January 17, 2023
North Dakota Wheat Commission Policy and Marketing Director Jim Peterson is expecting spring wheat acres this spring to be steady to slightly higher than last year. "Historically, we're still looking at very good returns on wheat," said Peterson. "Is the…Legislature Expected to Address Corporate Farming Law
Published January 17, 2023
With the hope to grow animal agriculture in the state, there will be bills to modify North Dakota’s corporate farming law. "It appears that they would be only looking at a poultry, dairy, swine, aquaculture, and hydroponics," said State Agriculture…