Articles tagged under: NAU Country
Consider an Options Strategy to Market During Drought Conditions
Published June 7, 2021
Production uncertainty due to drought means farmers are reluctant to market the new crop. NAU Country Vice President of Farm Services Rich Morrison says an options strategy will help farmers take advantage of high prices without committing bushels to an…Pay Close Attention to South America
Published April 14, 2021
NAU Country Vice President of Farm Services Rich Morrison says traders continue to pay close attention to the South American crop for any production and supply issues. "The Brazilian crop estimates have been big. Looking out at the satellite maps…Getting Prevent Plant Acres Back in Production
Published April 2, 2021
The U.S. had 10 million acres of prevent plant last year. NAU Country Insurance Vice President of Farm Services Rich Morrison thinks there’s a good chance most of those acres will get planted in the spring. "USDA added four million…Consider the Enhanced Crop Insurance Coverage
Published March 11, 2021
A higher spring base price for crop insurance may allow farmers to take advantage of the Enhanced Coverage Option on their crop insurance. NAU Country Vice President of Farm Services Rich Morrison says higher commodity prices mean farmers have something…Range-Bound Grain Market Seeks Directon
Published March 3, 2021
While the trading ranges are very large, NAU Country Vice President of Farm Services Rich Morrison says this grain market is range bound looking for direction. "We set new all-time highs in the soybeans overnight. The fundamentals haven't changed a…Funds Holding Long Positions for Corn and Soybean Markets
Published January 5, 2021
NAU Country Vice President of Farm Services Rich Morrison thinks the recent buying in the ag markets was all about money flow. "We looked at the Commitment of Traders Report and the funds are holding easily the largest long position…Record Long Positions and a Risk of China Cancellations
Published November 25, 2020
With soybeans bumping against $12, NAU Country Vice President of Farm Services Rich Morrison is concerned about market risks. The first is China cancellations. "If the South American crop continues to perform well. I think we all knew it was…Fall Harvest Price Set for Crop Insurance
Published November 2, 2020
Friday was the final day for the fall harvest price to be set for crop insurance. NAU Country Vice President of Farm Services Rich Morrison says the harvest price has risen to where it will take a yield loss to…Weather and Export Demand Driving Grain Markets
Published September 29, 2020
The weather and export demand are the drivers in the grain markets. Monday’s USDA weekly crop progress report was in line with trade expectations. "The corn harvest is still a little bit behind normal and the beans are doing well…