Top Stories Articles
Weekend Rains Not Enough to Change Drought
Published June 21, 2021
The first day of summer in the Northern Plains was rainy for many, but the rains will not be enough to change the bottom-line dryness across the region. Moving into July, World Weather Incorporated Senior Agriculture Meteorologist Drew Lerner is…Omnibus Ag Finance Bill Passes MN House
Published June 21, 2021
On Saturday, the Minnesota House passed the omnibus agriculture finance bill on a 111-20 vote. Agriculture Commissioner Thom Petersen says the Minnesota Senate is expected to consider the bill early this week. "It's been a real bipartisan effort throughout the…Biofuels Industry “Pleased” to See Proposed COVID-19 Relief
Published June 21, 2021
The U.S. biofuels industry will be getting $700 million from the USDA for COVID-19 relief. The agency plans to implement this COVID relief within the next 60 days, but other than that, biofuel groups did not know more details last…What’s Hot, What’s Not in the Markets
Published June 21, 2021
Timely rain was seen this weekend over a large portion of the Northern Plains and Midwest. In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi offers insight into the current…Traders Watching to See How Heat and Dryness Impacts U.S. Crops
Published June 21, 2021
U.S. Commodities President Don Roose says this continues to be very much a weather market with traders eyeing the latest forecast. "Moisture is needed immediately in the dry areas as drought continues to expand. It's paramount the weather starts to…Crop Watch
Published June 20, 2021
Variable is how Scott Gauslow describes the crop north of Colfax, North Dakota. "The heat really pushed the corn and we've had other struggles along the way. A few weeks ago, we had frost and wind and had to replant…Watch for QLA and Remaining WHIP+ Payments
Published June 20, 2021
Quality Loss Adjustment Program payments and the additional 2019 WHIP+ Program payments are starting to make their way into farmer’s bank accounts. If you haven’t received those yet USDA Farm Service Agency Administrator Zach Ducheneaux says to be patient. "One…Drought Remains the Ongoing Issue
Published June 20, 2021
The drought remains an ongoing issue for farmers this year. "There's a double whammy going on right now in the Northern Plains," explained Dennis Todey, director, USDA Midwest Climate Hub. "There's a lack of rain and then, there's been very…Commodity Markets Suffer a Total Collapse Thursday
Published June 18, 2021
Corn was limit down on the first six contracts listed, July 2021 through July 2022. For soybeans, it was only the fourth time in history that prices dropped over $1. Advance Trading Risk Management Advisor Tommy Grisafi says soybeans were…