Articles tagged under: Brian Hoops
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…Tariffs Have Negative Impact on Hog Markets
Published June 6, 2018
Midwest Market Solutions President Brian Hoops says big picture, Mexico’s tariffs are part of a negotiations ploy and these tariffs can be removed as quickly as they can put back on. "Mexico's trying to do some posturing here. They are heavily…