Top Stories Articles
China’s Corn and Soybean Buys a “Pleasant Surprise”
Published August 3, 2020
China purchased more corn and soybeans from the United States this past week. Commodity Risk Management Group President Mike North says the purchases are a pleasant surprise because this isn’t the time of the year China typically buys from the…Tacky Field Conditions Challenge Cover Crop Seedings
Published August 3, 2020
Farmers with prevent plant ground near Hillsboro, North Dakota are trying to get cover crops seeded in-between rains. Lovas Crop Consulting owner Sarah Lovas says it’s not easy to work in the tacky field conditions. "I'm hoping we can get…Keeping Track of the Phase One Deal Follow Through
Published August 3, 2020
During a mid-season market outlook for soybeans webinar, NDSU Extension Grains Marketing Specialist Frayne Olson addressed the conflicting messages on the phase one trade deal between the U.S. and China. According to the Trump administration, China is living up to…Ag Leaders Address Trade Tensions with China
Published August 3, 2020
In a virtual townhall event on Thursday, U.S. Soybean Export Council CEO Jim Sutter acknowledged the tensions between the U.S. and China. With the recent consulate closings, Sutter said it’s important to build up relations, not attack. "Having the kind…Weather Market Continues to Drive Grain Markets
Published August 2, 2020
Weather continues to drive the grain markets. StoneX Chief Commodities Economist Arlan Suderman says right now there is nothing for the weather bull to trade. "If there's one thing we've learned for sure this summer is that next week, we'll…Favorable Soybean Basis Levels for ND at Harvest
Published August 2, 2020
Basis levels for the harvest delivery of soybeans are very favorable at many North Dakota grain elevator locations. "When you look at where you're at in November futures compared to January futures, there's very small carry in the market," said…No Compromise Reached Yet on Phase Four Package
Published August 2, 2020
Negotiations continue on a phase four economic stimulus package, but the the Administration, Senate and House have been unable to find a compromise. South Dakota Senator Mike Rounds said all parties understand the significance of the timing for this legislation.…Considering Biofuels Options for Fourth COVID-19 Package
Published August 1, 2020
Lawmakers proposed at least two provisions for biofuels assistance in this next round of COVID-19 relief. "There are different venues the assistance can come through," explained Anne Steckel, senior biofuels advisor, National Farmers Union. "Senators Grassley, Ernst and Klobuchar have…Biofuels Industry Seeks Aid Clarity in Stimulus Negotiations
Published August 1, 2020
The biofuels industry is pushing for more clarity and certainty for assistance as the phase four coronavirus stimulus package negotiations continue. American Coalition for Ethanol CEO Brian Jennings says the opening bid from Senators last week was underwhelming. "On one…