NAU Country | Red River Farm Network

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…

Crop Price Could Trigger PLC Payments

Published August 14, 2020

NAU Country Vice President of Farm Services Rich Morrison says the average crop prices the USDA gave in Wednesday’s supply and demand report will trigger Price Loss Coverage payments, if confirmed. "The government lowered the market year average estimate on…

Traders Leery Ahead of May USDA Report

Published May 7, 2020

The grain markets continue to trade sideways or lower ahead of the May Supply and Demand report. NAU Country Vice President of Farm Services Rich Morrison is not expecting friendly carryout numbers. "If the USDA uses its planting intentions numbers…

Lower Demand Will Stick Around Awhile

Published April 20, 2020

Crude oil traded at its lowest level since 1988 on Monday. That weighed on the corn market. "Even with the cuts of supply OPEC came out with last week, it still won't touch the drop in demand," says Rich Morrison,…

Fed’s Interest Rate Reduction Gives Boost to Market

Published March 3, 2020

NAU Country Vice President of Farm Services Rich Morrison says the Federal Reserve’s half point interest rate cut provided confidence for the market. "The fact that the Federal Reserve is stepping in brings money back into the marketplace." Morrison says…

Articles tagged under: NAU Country

Weather and Export Demand Driving Grain Markets

Crop Price Could Trigger PLC Payments

Traders Leery Ahead of May USDA Report

Lower Demand Will Stick Around Awhile

Fed’s Interest Rate Reduction Gives Boost to Market

Waiting on Trade News

Acreage Decisions in Flux

Morrison Moves to NAU Country

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