Brian Hoops | Red River Farm Network

Corn Was the Surprise for the Report

Published October 1, 2024

After the release of USDA's quarterly stocks report, Midwest Market Solutions President Brian Hoops said the supply of corn and soybeans will be replenished quickly with this season's crop. The corn estimate may have been tighter than some expected "because…

Latest News Markets

Ending Stocks Were Primary Consideration in USDA Report

Published May 14, 2023

Midwest Market Solutions President Brian Hoops says USDA surprised the trade by cutting wheat production more than expected in the May World Supply Demand Report. “We knew it was going to be down, but it’s below last year's crop as…

Latest News Markets

Market Awaits Acreage Report

Published March 24, 2023

Midwest Market Solutions President Brian Hoops says the trade has shifted its focus to the USDA planting intentions report at the end of the month. Spring weather will also become a major mover. "It could be a very delayed spring…

China Transitions to South America for Soybeans

Published February 10, 2023

February is typically the time of year when the pace of U.S soybean exports begins to slow with the South American crop becoming available. Midwest Market Solutions President Brian Hoops says cancellations have happened. "China probably canceled some soybean purchases,…

Export Sales Woes

Published August 28, 2022

USDA changed to a new export sales reporting system and that is causing a lot of uncertainty in the export sales report numbers. Midwest Market Solutions President Brian Hoops is frustrated. "You don't know if you can trust the new…

Latest News Markets

Egypt Cancels Wheat Tender

Published July 19, 2022

Egypt's state grain buyer, the General Authority for Supply Commodities, cancelled its international tender for wheat, stating the offer prices were more expensive than expected. Egypt lowered protein levels for the tender and the United States was hoping to make…

Latest News Markets

Spring Wheat and Soybean Markets Stay Higher

Published May 27, 2022

Midwest Market Solutions President Brian Hoops says the Minneapolis spring wheat contract is trying to incentivize planting while there’s a window to get it done. "After June 5, it's really difficult to grow a very good spring wheat crop. There's…

Crop Development is Getting Pushed Back

Published April 25, 2022

While planting progress is delayed, Midwest Market Solutions President Brian Hoops says there is still plenty of time to get the crop planted. "The biggest concern is temperatures that won't allow for quick emergence. It's a slow start to the…

Few Surprises in April WASDE Report

Published April 8, 2022

USDA made no changes to U.S. corn ending stocks and only minor changes to wheat and soybean stocks. Midwest Market Solutions President Brian Hoops says the biggest surprise in Friday's report was with corn exports. "The USDA lowered corn and…

Latest News Markets

Market Volatility Impacting Basis Values

Published March 9, 2022

Volatility in the commodity markets has traders very wary of being caught on the wrong side of the market. Midwest Market Solutions President Brian Hoops says the volatility is a combination of speculative interest and electronic trading. "The biggest thing…

Articles tagged under: Brian Hoops

Corn Was the Surprise for the Report

Ending Stocks Were Primary Consideration in USDA Report

Market Awaits Acreage Report

China Transitions to South America for Soybeans

Export Sales Woes

Egypt Cancels Wheat Tender

Spring Wheat and Soybean Markets Stay Higher

Crop Development is Getting Pushed Back

Few Surprises in April WASDE Report

Market Volatility Impacting Basis Values

News Categories

Latest RRFN Podcasts

Value Beyond Yield with Nuseed Omega-3 Canola

Country Morning

Agriculture Today

Market Analysis

Weather

This Week In Agriculture

Well Grounded

Fielding Questions

TransFARMation

Talking Conservation

Articles tagged under: Brian Hoops

News Categories

Latest RRFN Podcasts

Subscribe to RRFN