Articles tagged under: Frayne Olson
U.S. Corn Demand Strength Continues
Published February 8, 2021
U.S. corn is in demand and China purchased large quantities the last week of January. NDSU Extension Crops Marketing Economist Frayne Olson said the current demand numbers are more aggressive than expected. "China bought the same amount of corn the…Countryside Insurance Agency to Hold Farmer Update Meeting
Published February 1, 2021
Countryside Insurance Agency will host its annual farmer update meeting in-person Tuesday. In addition to crop insurance information, there will be an update on farm policy and markets. Owner/agent Jennifer Otteson says the grain market is capturing the attention of…Tighter Corn Stocks Boosts Prices and Changes Demand
Published January 28, 2021
The grain market is starting to get nervous as corn supplies tighten, partly due to China's feed demand. "As we start to get U.S. ending stocks pulled down and corn prices get higher and more variable, all of a sudden,…Dry Bean Scene
Published January 24, 2021
The dry bean markets look much different compared to last year at this time, mostly due to the coronavirus pandemic. Seasonally, there hasn’t been as much of a price recovery in the navy bean market when compared to the pinto…Rally Could Impact Acreage in Northern Plains
Published January 22, 2021
The corn and soybean rally will impact local planting intention. During the AgCountry Farm Credit Services Virtual Marketing Day, NDSU Extension Crops Marketing Economist Frayne Olson said he has heard from specialty crop companies. "The processors would be very comfortable…Soybean Market is Nervous Over Tight Stocks
Published January 4, 2021
Tight soybean stocks are pushing the market higher. NDSU Extension Crops Economist Frayne Olson is making that point in his crop market outlook. "If we look back to before the trade war began, a five-to-six percent carryover stock ratio was…Large Ag Buys May Not Be Enough for Phase One Target
Published December 1, 2020
The U.S. Census Bureau says China purchased a record $4.8 billion in U.S. agricultural goods in October. NDSU Extension Crops Economist Frayne Olson isn’t surprised with the purchases. "They've bought a lot of soybeans, corn, pork and cotton." Bigger picture,…U.S. Positioned Well in the Global Supply-Demand Story
Published November 15, 2020
NDSU Extension crops economist Frayne Olson isn’t surprised at the seasonal purchases from China, but these purchases are lasting longer than expected. "There are underlying fundamentals of supply and demand conditions to China driving that. Feed demand from China's livestock…China May Fall Short on Phase One Deal Ag Purchases
Published October 7, 2020
Agriculture Secretary Sonny Perdue says China may fall short on its U.S. ag purchases this year as outlined in the phase one trade deal. NDSU Extension Crops Economist Frayne Olson agrees, saying the slow implementation, coronavirus outbreak and a lack…