Markets Articles
Near-Record Year for CAB
Published October 25, 2022
The Certified Angus Beef brand had its second largest sales volume in history in the past year. Total sales topped 1.2 billion pounds. That’s nearly two percent higher than the previous year. Certified Angus Beef-licensed packers identified 16 million fed…What’s Hot, What’s Not in the Markets
Published October 24, 2022
The size of the cattle herd is shrinking and that's being reflected in the markets. In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the cattle are one of…Xi Returns for a Third Term
Published October 24, 2022
The Chinese Communist Party has elected Xi Jinping to an unprecedented third term. The party also named the seven-member standing committee and an advocate for free markets and private enterprise was dropped from the inner circle. During the weekend, Xi…Cattle Numbers Tighten
Published October 24, 2022
USDA released a bullish Cattle on Feed Report on Friday. The total inventory of cattle and calves nationwide declined one percent from one year ago. September marketings rose four percent and placements were down four percent.A Dramatic Market Swing
Published October 21, 2022
Volatility in the dollar index allowed the grain markets to bounce off its lows Friday. AgriSompo North America market analyst Sterling Smith says a volatile 140-point swing in the dollar index occurred within one minute Friday. "News dropped that the…Transportation Issues Disturb Markets
Published October 21, 2022
Bower Trading Market Analyst Ben Kasch is closely watching transportation challenges. "One of the major issues is that we hadn't had enough rain. The grain flow out of the U.S. is a concern. We're also dealing with another rail strike…Largest U.S. Flour Mill Celebrates 100 Years
Published October 21, 2022
The North Dakota Mill is celebrating its 100th anniversary. According to North Dakota Mill Manager Vance Taylor, the facility continues to grow. "We just finished an expansion early in this calendar year that added another 11,000 hundredweights of capacity or 1.1…Poor Service Problems
Published October 21, 2022
Grain shippers have faced poor rail service throughout 2022. The USDA Grain Transportation Report points to improvements in the second half of the year. As of October 12, grain origin dwell times were down 43 percent from their peak in…Milk Production Increases
Published October 21, 2022
Milk production in the 21 major dairy states totaled 17.5 billion pounds in September, up 1.6 percent from one year ago. South Dakota had the largest surge in milk production, up nearly 15 percent. That is due to the size…