Articles tagged under: markets
National Basis Levels Unchanged, Local Basis Widens
Published October 9, 2018
The national basis levels for corn remain unchanged again this week at 43 cents under the December futures contract. Regional basis continues to widen for corn, compared to one week ago. Corn basis at the six local elevators the Red…Strong Feed Supplies Supporting the Cattle Market
Published September 28, 2018
In early October, the North Dakota and South Dakota cattle runs will ramp up. Napoleon Livestock’s Paul Bitz expects cattle numbers to be close to normal due to better market conditions. "We expect those who normally sell calves off the…Ranchers and Feeders Preparing for Fall Cattle Run
Published September 18, 2018
In preparation for the the fall cattle run, there were initial concerns about a potential lack of feed base. North Dakota Stockmen’s Association Environmental Services Director Scott Ressler says those concerns have diminished. "It certainly looks like enough feed base…Large Yields Creating a “Hangover Effect”
Published September 17, 2018
Stewart-Peterson Senior Market Advisor Brian Doherty says there’s a hangover effect of big yield on the eve of big harvest pressure. How do farmers prepare themselves when changes happen? “We’re in bleak times, but I think it will get better.”…Basis Continues to Hamper Local Soybean Prices
Published September 5, 2018
A combination of harvest pressure and market uncertainty continue to impact basis, and current levels are signaling farmers to store grain. In northeast, North Dakota, Dahlen Farmers Elevator manager Mike Kratchovil says product has been hard to move. In addition,…A Tough Go in the Dairy Market
Published July 31, 2018
The dairy markets are doing well to just hold steady right now, according to Ag Resource Company Economist Dan Basse. "We believe as we head into the latter part of summer and start to see milk production increasing for seasonal…Trifecta of Uncertainty Impacting Livestock Markets
Published July 23, 2018
As of late, there are three major factors influencing livestock markets: weather, record high production and trade uncertainty. That’s according to NDSU Extension livestock economic Tim Petry. "The beef side is experiencing record exports, but we have to keep those…Establishing the Rules of the Trade Game
Published July 6, 2018
The U.S. slapped levies on $34 billion of China’s exports at midnight. China retaliated, but the markets already had this trade war factored in. Utterback Marketing President Bob Utterback says at least the U.S. now knows the rules of the…Dry Bean Scene
Published June 29, 2018
The Dry Bean Scene airs every Friday at 12:35 p.m. This week, hear an update on the current dry edible bean market and supplies from Northern Feed and Bean's Larry Lande.