Articles tagged under: AgResource Company
Geopolitical Issues Weigh on the Wheat Complex
Published January 25, 2022
The wheat complex started out this past week stronger based on two factors, the declining quality of winter wheat growing in portions of the United States and the geopolitical conflict in the Black Sea Region. AgResource President Dan Basse believes…USDA Lowers South American Production Estimates
Published January 12, 2022
Due to the lingering drought conditions, USDA lowered South America's corn production. Brazilian corn production dropped from 118 million metric tons to 115 million metric tons. Argentina’s corn production is now at 54 million metric tons. USDA reduced Brazil’s soybean…RMA Numbers Surprise Grain Trade
Published December 24, 2021
The winter wheat market traded on thoughts of less than expected acres in the last week. AgResource Company President Dan Basse says RMA insurance numbers surprised the grain trade. "There's a bullish theme moving into 2022. Traders are trying to…A Critical Time for Fertilizer
Published December 9, 2021
The next six weeks will be critical for fertilizer. AgResource Company President Dan Basse made those comments during the American Seed Trade Association’s Seed Expo on Tuesday. "As we turn the calendar to 2022, it's important to see an elevated…Acreage Report Will Influence Markets
Published June 25, 2021
AgResource Company President Dan Basse thinks the marketplace can’t tolerate a U.S. corn yield less than 170 bushels per acre and a soybean yield than 49.5 bushels per acre. If that happens, expect much higher prices. "That's the story of…Feed Costs Continue to Rise
Published June 1, 2021
With tight corn and soybean supplies, AgResource Company Chief Grains and Dairy Analyst Ben Buckner says dairy producers will want to cover their feed needs for the balance of the year or longer. "With corn, dairy operations will need to…Begin Pushing the Pencil for 2021 Crop
Published January 6, 2021
As soybean futures get higher and corn futures reach new levels, AgResource Company President Dan Basse says farmers should begin pushing the pencil for the 2021 crop. "Things are starting to look relatively attractive on margins. I would encourage all…Higher Class III Milk Prices Seen
Published December 28, 2020
Milk futures shot higher last week with limit gains in Class III milk futures. AgResource Company President Dan Basse says support is not just coming from the COVID stimulus bill. "It's also the world market. If you look at the…Farmers to Family Food Box Program Strengthening Milk Prices
Published September 25, 2020
The announcement USDA will be hosting another Farmers to Families Food Box program is helping boost Class III milk prices. The demand from the government program is expected to last through the end of November into December. "What's going to…