News
A Dry Winter Does Not Foreshadow a Dry Growing Season
Published February 10, 2021
Dryness has been escalating with the release of the Drought Monitor each week. However, North Dakota Agricultural Weather Network Director Daryl Ritchison is not worried yet. "I've never seen a Drought Monitor I ever agreed with in my entire weather…A Boost in Global Corn Ending Stocks, Soy Ending Stocks Lower
Published February 10, 2021
The February USDA World Agricultural Supply and Demand Estimate report had USDA raising world corn ending stocks 2.7 million tonnes from January to 286.5 million tonnes, reflecting increasing stocks in China, South Africa and Mexico partially offsetting decreases in Argentina…Money Flow Moves Out of the Grain Markets
Published February 10, 2021
Nothing fundamental changed for the grain markets on Wednesday, but money flow moved out of the grains. "The February USDA report wasn't quite what the doctor ordered in terms of bullish news," said Joe Vaclavik, president, Standard Grain. "USDA raised…USDA Lowers Corn Ending Stocks in February Report
Published February 10, 2021
USDA lowered U.S. corn ending stocks by 50 million bushels from the January report to 1.502 billion bushels, mainly on a matching increase in exports to China. U.S. soybean ending stocks are lowered 20 million bushels from January to 120…Minnesota Beef Update
Published February 10, 2021
Steak is a love language at the Minnesota Beef Council. Get some Valentines Day recipe ideas from Director of Industry Relations Royalee Rhoads in the latest Minnesota Beef Update.Soybean Carryout is Extremely Tight
Published February 10, 2021
Advance Trading Market Risk Advisor Tommy Grisafi says that will keep the market extremely volatile. "Are $14 beans high enough? It's only February and we need to get through February, March, April, May, June, July, August and September until we…Ag Credit Conditions Improve at the End of 2020
Published February 10, 2021
There was a dramatic improvement in farm credit conditions for the region in the final three months of 2020. More than three-quarters of the ag lenders surveyed in the fourth quarter by the Federal Reserve Bank of Minneapolis reported an…No Shock for Grain Traders in the February USDA Report
Published February 10, 2021
Brock Associates President Richard Brock wasn’t too surprised with the February USDA report. Most grain traders expected the USDA to increase corn and soybean exports more than they did. "I think what USDA is assuming is some of the exports…NASDA Requests Additional Flexibility for Specialty Crop Block Grants
Published February 9, 2021
The National Association of State Departments of Agriculture has requested to protect farm workers and additional support for the specialty crop industry. In a letter to Acting Agriculture Secretary Kevin Shea, the organization asks for extra flexibility for the use…