Articles tagged under: corn
U.S. Ag Exports in 2021 Set Record
Published February 8, 2022
According to final trade data published by the U.S. Commerce Department, U.S. farm and food product exports totaled $177 billion in 2021. That’s an 18 percent increase from 2020. Agriculture Secretary Tom Vilsack said it breaks the previous export record.…New Crop Soybean Prices Get Stronger
Published February 4, 2022
Zaner Group Ag Hedge Chief Market Strategist Ted Seifried started noticing the changes in December due to South American soybean production concerns. "If you look at some of the projections for the reductions we could see in the South American…What Does Russia-Ukraine Dispute Mean for U.S. Wheat?
Published February 4, 2022
The uncertainty between Russia and Ukraine has local wheat growers curious about possible market impacts. Russia is the largest wheat exporter and Ukraine is the third largest in the world. NDSU Extension Crops Marketing Economist Frayne Olson said it’s very…China’s Corn Cancellation Not Surprising
Published February 4, 2022
China canceled a purchase of 380,000 metric tons of corn Thursday. AgriSompo North America market analyst Sterling Smith wa not surprised. "When you deal with China you have to get used to cancellations." USDA’s weekly export sales were within trade…A Good Weed Management Plan for Corn Can Help Fight Resistance
Published February 4, 2022
A University of Minnesota Extension webinar on weed management covered waterhemp control. "Waterhemp management is easier in corn than soybeans," said weed scientist Debalin Sarangi. "There are also more tools in the toolbox to deal with resistance. It is very…Regional Basis Shows Minor Changes from Last Week
Published February 4, 2022
Basis bids at the six regional grain elevators have only minor changes from last week. Spring wheat basis remains from five to 55 cents under the Minneapolis March Futures contract. The corn basis ranges from 10 to 15 cents under…Shipping Container Issue Challenges Northern Agriculture
Published January 31, 2022
For the last 18 months, shipping containers bringing consumer goods to the United States have gone back empty to their sender. Specialty Soya and Grains Alliance Executive Director Eric Wenberg would rather those empty containers be sent inland to ag…Mixed Acreage Thoughts Ahead of Spring
Published January 31, 2022
Proseed District Sales Manager Dave Gehrtz is not expecting supply shortages to cause major acreage shifts. "The established farmers growing corn, wheat and soybeans are pretty much on track. Even though we're looking at fertilizer prices and rising input costs,…Inflation Influences Ag Markets
Published January 26, 2022
All segments of agriculture are feeling the effects of inflation due to the supply chain issues. Zaner Ag Hedge Chief Marketing Strategist and Senior Vice President Ted Seifried says this doesn’t necessarily mean corn and soybean prices will increase. "Inflation…