Articles tagged under: Dan Basse
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…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…Bullish Forecast Offered at ASTA Expo
Published December 9, 2020
AgResource Company President Dan Basse provided an optimistic view during the American Seed Trade Association Expo. "In my 40 years in the business, I've never seen a change as dramatic as we had in August and September." Strong Chinese demand…Farmers to Family Food Box Program Strengthening Milk Prices
Published September 25, 2020
The announcement USDA will be hosting another Farmers to Families Food Box program is helping boost Class III milk prices. The demand from the government program is expected to last through the end of November into December. "What's going to…Demand for Cheese Declines, Prices Take a Tumble
Published August 6, 2020
Cheese prices nosedived this past week. AgResource Company President Dan Basse says that’s due, in part, to a drop in demand as the USDA Farmers to Family Food Box program winds down. "We're now seeing the dairy markets reflecting less…Milk Prices Stage a Recovery
Published June 12, 2020
In late April, Class III milk prices were down 50 percent to $10 to $11 per hundredweight. AgResource Company President Dan Basse says that market is now in the low $20 range. Despite this rally, Basse is concerned about the…Negative Oil Prices Pressure the Corn Market
Published April 21, 2020
The May crude oil contract fell to unprecedented levels on Monday, just ahead of expiration. The negative oil prices pressured the corn market. "The crude oil prices were negative at one point. That means ethanol producers are going to be…Strong Domestic Dairy Demand Expected to Continue in 2020
Published December 26, 2019
The outlook improved for the U.S. dairy sector toward the end of 2019. AgResource Company President Dan Basse says domestic product demand was strong the last six months of the year. That’s expected to continue in 2020. "We're relatively upbeat…Grain Traders Wary of U.S. and China Trade Agreement
Published October 15, 2019
AgResource Company President Dan Basse says traders will be wary of a trade deal with China until they see a signed deal. "We're waiting to see those purchases and when they come, we'll react." Basse says traders are very aware…