Articles tagged under: Dan Basse

USDA Adjusts Ukrainian Export Forecast

Published August 12, 2022

USDA increased global soybean ending stocks increased two million tons. Corn global ending stocks fell slightly and wheat held steady. Ag Resource Company President Dan Basse says there’s nothing new globally other than Ukraine will be exporting 3.5 million metric…
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Prevent Plant Possible with Planting Delays

Published April 14, 2022

Planting progress is expected to remain slow across the entire Corn Belt. "Soil temperatures are not at germination threshold," said Dan Basse, president, AgResource Company. "Farmers don't want to put seed in the ground and hope it comes up in…
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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…
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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…
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Renewable Diesel: A Market Disrupter

Published December 17, 2021

Ag Resource Company President Dan Basse believes the push toward renewable diesel will be the most disruptive factor in agriculture for the next few years. "With states like California providing tremendous subsidies and mandating 700 million gallons of usage, you…
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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…
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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…
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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…
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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…
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