Midwest Market Solutions | Red River Farm Network

WASDE Leaves Markets Watching Basis

Published January 13, 2026

The latest USDA WASDE report reinforced large grain supplies, pushing market attention toward basis and away from futures prices. Midwest Market Solutions President Brian Hoops says local production differences will play a major role in how basis develops this winter.…

Egypt Cancels Wheat Tender

Published July 19, 2022

Egypt's state grain buyer, the General Authority for Supply Commodities, cancelled its international tender for wheat, stating the offer prices were more expensive than expected. Egypt lowered protein levels for the tender and the United States was hoping to make…

Latest News Markets

Spring Wheat and Soybean Markets Stay Higher

Published May 27, 2022

Midwest Market Solutions President Brian Hoops says the Minneapolis spring wheat contract is trying to incentivize planting while there’s a window to get it done. "After June 5, it's really difficult to grow a very good spring wheat crop. There's…

Crop Development is Getting Pushed Back

Published April 25, 2022

While planting progress is delayed, Midwest Market Solutions President Brian Hoops says there is still plenty of time to get the crop planted. "The biggest concern is temperatures that won't allow for quick emergence. It's a slow start to the…

Few Surprises in April WASDE Report

Published April 8, 2022

USDA made no changes to U.S. corn ending stocks and only minor changes to wheat and soybean stocks. Midwest Market Solutions President Brian Hoops says the biggest surprise in Friday's report was with corn exports. "The USDA lowered corn and…

Latest News Markets

Not Much Old Crop Grain Left to Sell in the U.S.

Published May 17, 2021

Strong basis levels continue to suggest a limited supply of grain in the country. "There were lots of corn and soybean sales last fall and there's been some sales reaching at the $5 to $6 mark and now, farmers are…

Latest News Markets

ND Prevent Plant Potential Being Monitored by Traders

Published May 22, 2020

The slow planting pace in North Dakota has traders talking about prevent plant acres. "We definitely need warm, dry conditions," said Brian Hoops, president, Midwest Market Solutions. "If we don't see this in the next few weeks, I think we…

Adjusting to the Slowdown in Meat Processing

Published May 15, 2020

Slaughter capacity continue to be a bottleneck for meat producers. Midwest Market Solutions President Brian Hoops expects the livestock markets to continue to struggle until slaughter levels return to more normal levels. "We may never get back to where we…

Could See Soybean Acre Boost Ahead of Spring

Published February 24, 2020

Midwest Market Solutions president Brian Hoops expects soybean acres could increase before spring. "We have too much corn ending stocks on hand versus soybeans even though it's not a tight number, it's enough where we could want more flexibility." Hoops…

Latest News Markets

A Friendly Placement Number for Cattle on Feed Report

Published November 21, 2018

Midwest Market Solutions President Brian Hoops thinks the friendliest number in Wednesday's Cattle on Feed report is the placement number. "It's well below trade estimates and last year's levels, sending the cattle markets higher." Hoops thinks the U.S. could be…

Articles tagged under: Midwest Market Solutions

WASDE Leaves Markets Watching Basis

Egypt Cancels Wheat Tender

Spring Wheat and Soybean Markets Stay Higher

Crop Development is Getting Pushed Back

Few Surprises in April WASDE Report

Not Much Old Crop Grain Left to Sell in the U.S.

ND Prevent Plant Potential Being Monitored by Traders

Adjusting to the Slowdown in Meat Processing

Could See Soybean Acre Boost Ahead of Spring

A Friendly Placement Number for Cattle on Feed Report

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