News
Record Long Positions and a Risk of China Cancellations
Published November 25, 2020
With soybeans bumping against $12, NAU Country Vice President of Farm Services Rich Morrison is concerned about market risks. The first is China cancellations. "If the South American crop continues to perform well. I think we all knew it was…Regional Basis Bids Steady Going Into Thanksgiving
Published November 25, 2020
Soybean basis bids at the six regional grain elevators followed by the Red River Farm Network were steady to 15 cents wider compared to one week ago, resulting in nearly unchanged cash prices as futures moved higher. Cash soybean prices…Higher Q3 Net Income for Titan Machinery
Published November 25, 2020
Titan Machinery reported third quarter net income of $13 million, up from $10.7 million one year ago. Chief Financial Officer Mark Kalvoda says farm equipment sales were down slightly during the quarter, while parts were higher resulting a better outlook…Vaccine News Helps Ease Pressure on Markets
Published November 25, 2020
Loewen and Associates market analyst Matt Hines says the market mentality about a possible vaccine is easing some of the pressure in the agriculture commodity markets. "With COVID surging throughout the world, it has everyone concerned about what it will…Seed Treatments Should Be Part of the Mix
Published November 25, 2020
As farmers think about seed needs for next year’s crop. CHS Agronomy product development manager Blake Murnan says seed treatments should be part of the product mix. "The genetic potential for the seed is at its highest when it first…U.S. Soybean Industry Pleased with Phase One Deal
Published November 25, 2020
The phase one trade deal signed earlier this year has been positive for U.S. agriculture. U.S. Soybean Export Council CEO Jim Sutter thinks China will fulfill its phase one obligations. "We'll have to see at the end of the year…Hoping for a Clean Slate at EPA
Published November 25, 2020
Renewable Fuels Association CEO Geoff Cooper would like to see the next EPA administrator acknowledge the value of renewable fuels. "Especially when it comes to emissions reductions and reducing carbon from transportation fuels. We haven't had that with the last…Sales for Raven Industries Up Over Last Year
Published November 25, 2020
Sioux Falls-based Raven Industries reports net third quarter income of $8.7 million. In the same quarter one year ago, the company had net income of nearly $10 million. The Applied Technology division generated significant profits with new product releases for…More COVID-19 Relief: Don’t Count Turkeys Before They Hatch
Published November 25, 2020
Congress continues to work on another COVID-19 stimulus package. The House-passed HEROES Act would reimburse turkey growers who were forced to euthanize their birds earlier this year. Minnesota Turkey Growers Association Executive Director Sarah Anderson thinks it will be a…