Markets Articles
Rail Strike Deadline Moves to Early December
Published November 9, 2022
The threat of a railroad strike is now off the table until December 4th at the earliest. The previous strike deadline was November 20th. One of the major unions announced it was extending the status quo timeline to match another…Dairy Farmers Urged to Embrace Marketing Opportunities
Published November 8, 2022
AgDairy marketing specialist Robin Schmahl expects Class III milk prices to remain steady with little change expected in milk production or consumer demand. "Higher demand probably isn't going to happen because of the current economic situation and it will take…Change Can Happen in an Instant
Published November 8, 2022
During a time of high commodity prices, rising land values, and government payments, a percentage of farmers became complacent. Virginia Tech Professor Emeritus Daid Kohl made that point during the National Bankers Conference in Omaha. "You're going to have a…The Bull Pen
Published November 7, 2022
Basis levels remain positive across the Northern Plains. "Most people's bins were empty due to the drought in Canada and the Dakotas so we have lots of space available and a lot of staying power for the Northern Plains farmer,"…What’s Hot, What’s Not in the Markets
Published November 7, 2022
In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says a lack of rain in the wheat wheat region will boost that market this week. Corn has been on the…Fielding Questions: Monitor Basis Levels
Published November 4, 2022
In the latest edition of Fielding Questions, AgCountry Farm Credit Services Vice President of Insurance and Customer Education Rob Fronning considers the latest market developments. There has been basis opportunities, but growers should be alert to basis levels. A rangebound…Potato Shipments Off to a Slow Start
Published November 4, 2022
U.S. fresh potato shipments totaled nearly 6.6 million hundredweight in October. That’s down more than six percent from last year. In the Red River Valley, wash plants shipped 255,000 hundredweight of potatoes last month. That’s 12,000 hundredweight less than one…Lula Defeats Bolsonaro
Published November 3, 2022
Results of Brazil’s presidential election caused protests to break out and roadblocks were set up throughout the country. President Jair Bolsonaro lost the election by about two percentage points to former President Luiz Inácio Lula da Silva. Besides the short-term…Traders Monitoring Brazil
Published November 3, 2022
Cornbelt Marketing market analyst Sam Hudson says traders continue to watch developments in South America while soybean shipments out of the Gulf struggle. "In a time where we're trying to get as many beans out of the country as we…