Markets Articles
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…Commodity Markets Price in Pivot
Published December 14, 2022
Winter storms moving across the plains pressured the wheat and corn markets. Comstock Investments market analyst Joe Camp says the moisture will help soil conditions and increase water levels on the Mississippi River. "The showers that moved through this year…Markets Watching Impacts
Published December 14, 2022
AgResource Company President Dan Basse says grain traders are watching the winter storm impacting the Midwest. "It sure helps with the moisture situation next year. The market didn't pay a lot of attention to the weather, but nonetheless I think…Cull Cows Flood Auction Barns
Published December 14, 2022
Aberdeen Livestock owner Kevin Larson says weather has played a big role in the feeder cattle market. The heavier cattle are at the mercy of the packers, but the lighter calves will be strong. "We' ll see $10-to-$15 dollars a…Mexico’s Proposed Ban on Biotech Corn Rebuked by Corn Leaders
Published December 14, 2022
National Corn Growers Association President Tom Haag and the presidents of 23 state corn grower groups are calling on the Biden Administration to address Mexico’s decision to block imports of biotech corn. The corn grower leaders want the issue on…Fufeng Project Moves Forward
Published December 14, 2022
After a 45-day review, the Committee on Foreign Investment in the United States determined the proposed Fufeng project is not covered by its jurisdiction and will not be taking any further action. North Dakota Senator Kevin Cramer told the Red…