Articles tagged under: Dan Basse

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…

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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…

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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…

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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…

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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…

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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…

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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…

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What Happens After the Report Dust Settles?

Published August 14, 2019

As the dust settles from the August USDA reports, the grain trade is shifting their focus. According to AgResource Company President Dan Basse, weather is one story in the markets. The portions of the Midwest will need more rain to…

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Opportunities Ahead in the Cash Cattle Market

Published September 18, 2018

Looking into the fall and winter months, AgResource Company President Dan Basse is optimistic about the cash cattle market. "Kills should be coming down as we look at September and head into the third or fourth week of October. That…

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Grain Markets Close Lower, Livestock Markets Higher

Published August 27, 2018

Ag Resource Company Economist Dan Basse comments on Monday's market close.

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