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Do the Math
Published Today
The December 2023 corn contract is in the $4.50 per bushel range while that same contract in 2024 is just over $5 per bushel. "That is the market telling you that you grew a good crop and demand is not there,"…Robust Trade Agenda Sought
Published Today
USDA is currently projecting an agricultural trade deficit of $17 billion for the current marketing year. That compares to an average trade surplus of $12.5 billion each year over the past ten years. A coalition of 35 farm groups has…PUC to Review Pipeline Issue
Published Today
The North Dakota Public Service Commission will host a hearing later this month regarding Summit Carbon Solutions’ attempt to block local ordinances in Burleigh and Emmons counties. Summit claims the county ordinances are “unreasonably restrictive” and would prevent the carbon…Any Expansion of Israel-Hamas War Would Impact Fertilizer Supply
Published Yesterday
Fertilizer prices have moderated and demand remains strong. However, Mosaic Chief Economist Andy Jung is monitoring trouble spots around the world including the conflict in Israel and Palestine. "Depending on the severity of any conflagration in the Middle East, it…An Atypical El Nino
Published Yesterday
An El Nino typically brings warmer and drier winter conditions to the Northern Plains. Nutrien Ag Solutions Principal Atmospheric Scientist Eric Snodgrass spoke at a BASF event in Fargo and said this El Nino is ‘punching below its weight class.’ "We're…Respiratory Concern Carries Over to the Markets
Published November 28, 2023
China is experiencing a spike in respiratory illness, especially with children. The World Health Organization said the number of cases is below the levels seen during COVID and there are no new or unusual pathogens seen. With the lack of…Land Values Remain Strong
Published November 27, 2023
Despite higher interest rates, Farmers National Company Senior Vice President Matt Gunderson has not seen farmland prices come down. "Prices have been holding fairly decent and so that's creating a lot of cash out in the country," said Gunderson. "They're…What’s Hot, What’s Not in Markets
Published November 27, 2023
In this week's edition of What's Hot, What's Not in Markets, Martinson Ag Risk Management President Randy Martinson said gold is the only commodity showing any strength to start the week. Cattle and grain futures are trending lower. "Part of…A Regional Perspective on the Changes Happening in Argentina
Published November 23, 2023
Innovus Agra President Bret Oelke is home after a weeklong trade trip to Argentina. Oelke, who is a farm management coach, described it as an eye-opening experience. "It's facinating to learn about the economics production agriculture in an environment where they…