Brian Hoops | Red River Farm Network

Not Much Old Crop Grain Left to Sell in the U.S.

Published May 17, 2021

Strong basis levels continue to suggest a limited supply of grain in the country. "There were lots of corn and soybean sales last fall and there's been some sales reaching at the $5 to $6 mark and now, farmers are…

The Acreage Battle May Impact All Commodities

Published January 3, 2021

Corn and soybean futures continue to push higher due to limited supplies. Midwest Market Solutions President Brian Hoops thinks the acreage battle will impact all commodities. "The bidding war for acres will be a supporting feature for spring wheat and…

Wheat Markets Respond Positively Following December USDA Report

Published December 11, 2020

The wheat markets saw a positive reaction following the December USDA report. "The ending stocks numbers are still pretty large, but it's a step in the right direction," said Brian Hoops, president, Midwest Market Solutions. Wheat also has a story…

No Economic Incentive to Store Soybeans at Harvest

Published September 25, 2020

Farmers are cautious about selling soybeans off the combine. Midwest Market Solutions President Brian Hoops says farmers don’t really want to sell on the lower markets, but storing them is not a good option either. "There's no economic incentive to…

ND Prevent Plant Potential Being Monitored by Traders

Published May 22, 2020

The slow planting pace in North Dakota has traders talking about prevent plant acres. "We definitely need warm, dry conditions," said Brian Hoops, president, Midwest Market Solutions. "If we don't see this in the next few weeks, I think we…

Adjusting to the Slowdown in Meat Processing

Published May 15, 2020

Slaughter capacity continue to be a bottleneck for meat producers. Midwest Market Solutions President Brian Hoops expects the livestock markets to continue to struggle until slaughter levels return to more normal levels. "We may never get back to where we…

Export Sales Help Friday’s Grain Market

Published March 6, 2020

There were some export sales on Friday, offering support against coronavirus fears. Midwest Market Solutions President Brian Hoops says the deliveries have slowed for soybeans and were virtually non-existent for corn in this process. "That's supportive for both markets. There…

Could See Soybean Acre Boost Ahead of Spring

Published February 24, 2020

Midwest Market Solutions president Brian Hoops expects soybean acres could increase before spring. "We have too much corn ending stocks on hand versus soybeans even though it's not a tight number, it's enough where we could want more flexibility." Hoops…

A Friendly Placement Number for Cattle on Feed Report

Published November 21, 2018

Midwest Market Solutions President Brian Hoops thinks the friendliest number in Wednesday's Cattle on Feed report is the placement number. "It's well below trade estimates and last year's levels, sending the cattle markets higher." Hoops thinks the U.S. could be…

Traders Move Past USDA Report, Focus on Wheat Harvest

Published June 13, 2018

In the June USDA supply and demand report, there was minimal change to wheat production numbers. Midwest Marketing Solutions senior market analyst Brian Hoops calls this a sigh of relief. "The trade really feared seeing a larger production number than…

Articles tagged under: Brian Hoops

Not Much Old Crop Grain Left to Sell in the U.S.

The Acreage Battle May Impact All Commodities

Wheat Markets Respond Positively Following December USDA Report

No Economic Incentive to Store Soybeans at Harvest

ND Prevent Plant Potential Being Monitored by Traders

Adjusting to the Slowdown in Meat Processing

Export Sales Help Friday’s Grain Market

Could See Soybean Acre Boost Ahead of Spring

A Friendly Placement Number for Cattle on Feed Report

Traders Move Past USDA Report, Focus on Wheat Harvest

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Articles tagged under: Brian Hoops

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