Articles tagged under: markets
Opening the U.S. Economy Could Help Corn and Oil Prices
Published April 17, 2020
Opening the U.S. economy could be a big deal for the corn and oil markets. "Getting people back driving again is huge for ethanol," said Ted Seifried, chief marketing strategist, Zaner Ag Group. "It looks like under guidelines released on…Study Estimates COVID-19 Cattle Industry Losses at $13.6 Billion
Published April 15, 2020
Cattle industry losses as a result of the COVID-19 pandemic are estimated to reach $13.6 billion. That’s according to a study by Oklahoma State University to help USDA allocate CARES Act relief funds to cattle producers. The study shows cow-calf…AFBF Analysis: Low Price Levels Threaten Farmer’s Livelihood
Published April 9, 2020
According to an updated economic analysis by the American Farm Bureau Federation, crop and livestock prices are falling to levels that threaten the livelihoods of farmers and ranchers. Since the beginning of the year, both beef and pork futures declined…Farmers Navigate Market Dynamics
Published April 6, 2020
The current market dynamics are challenging for farmers. "We are figuring out how to respond to this," said Paul Sproule, a farmer from Grand Forks, North Dakota. "How will this change the dynamics of agriculture today?" Sproule said local farmers…A Friendly Soybean Market Expected
Published April 1, 2020
USDA estimated U.S. corn at 97 million acres in Tuesday’s Prospective Plantings report. Brock Associates President Richard Brock said this is friendly to soybeans short term. "The supply of corn is too large and this market is going to struggle.…Good Demand for U.S. Ag Products
Published March 27, 2020
Trade is considered a bright spot going into Tuesday’s USDA Quarterly Stocks and Planting Intentions report. "We didn't lose demand in the agriculture sector during some of the worst times when it comes to the coronavirus outbreak," says Mike Zuzolo,…Livestock Markets Trying to Look Past COVID-19
Published March 25, 2020
Packers within the cattle industry are stepping up, offering premiums to cattle feeders for the week of March 23. Another glimmer of good news is the cattle markets have rebounded to start the week. As the commodity markets try to…Tyson to Offer Premiums for Cattle Harvested This Week
Published March 23, 2020
Tyson Fresh Meats is giving cattle feeders a one-time premium this week for harvested animals. The company provided the Red River Farm Network with the following statement: As an American company supporting the agricultural backbone of this country it is…USDA Asked to Help Cattle Producers
Published March 23, 2020
Lawmakers are asking USDA to help cattle producers as the industry experiences a decline in commodity prices. One option being considered is a bill directing Agriculture Secretary Sonny Perdue to use Commodity Credit Corporation funds to offset the losses cattle…