Markets Articles
Cow Liquidation Capped Fed Cattle Market
Published December 22, 2022
With the Southern Plains in a historic drought and the Northern Plains still recovering from one, the pace of cull cow slaughter has kept packers busy. Kist Livestock Auction Field Manager Matt Lachenmeier says the cow liquidation has kept a…U.S. Files Dispute Over Market Access
Published December 21, 2022
The United States has filed a new request for dispute settlement discussions with Canada. The U.S. claims Canada violates the USMCA tariff-rate quota provisions for dairy. The National Milk Producers Federation and U.S. Dairy Export Council pledged their support for…CHS Hedging Settles With CFTC
Published December 21, 2022
The Commodity Futures Trading Commission has ordered CHS Hedging to pay a $6.5 million penalty. CHS Hedging reportedly accepted millions of dollars in margin payments from a rancher in Washington without adequately investigating the customer’s source of funds or reporting…$100 Crude Likely
Published December 21, 2022
A Brazilian investment bank, BTG, is forecasting crude oil prices to push back over $100 per barrel. Demand will increase with China easing its COVID-related lockdowns and strong U.S. activity. BTG says it won’t be easy to increase oil supplies…Mitigate Risk
Published December 20, 2022
As the calendar turns to a new year, Advance Trading broker Ben Peters reminds growers to develop a plan to deal with the rest of their old crop supply and start to mitigate risk on the new crop. "That's especially…Milk Production Increases
Published December 20, 2022
Milk production in the 24 major dairy states totaled 17. 5 billion pounds in November. That’s up 1.4 percent from one year ago. In South Dakota, November milk production rose nearly 11 percent. Over the past year, South Dakota added…Tariff Rate Cut Extended Through ’23
Published December 20, 2022
The Philippines have extended a reduction in tariff rates on food imports until the end of 2023. The lower rates were established in 2021 and were scheduled to expire at the end of the month. The lower tariffs impact rice,…What’s Hot, What’s Not in the Markets
Published December 19, 2022
In today's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the cattle market has been performing well. "We know less supplies coming online and cash trading is at seven-and-a-half year highs."…Dairy/Beef Crosses Fill the Gap
Published December 15, 2022
The U.S. cow herd is growing smaller, limiting the number of feeder calves. "The beef /dairy crosses are really helping fill the gap on tonnage that we're having with the lack of feeder calves," said Ted Perry, head of beef…