Articles tagged under: NAU Country
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…Waiting on Trade News
Published February 12, 2020
NAU Country Vice-President of Farm Services Rich Morrison says all of the agricultural commodities are waiting for some type of trade news. "Until China gets back in business, there's not much else to talk about right now." The 30 day…Acreage Decisions in Flux
Published January 30, 2020
Corn and soybean acreage is expected to increase in the year ahead. NAU Country Vice President of Farm Services Rich Morrison says major changes could still happen. "Bean acres I expect to be at least 10 million (acres) higher and…Morrison Moves to NAU Country
Published January 29, 2020
Rich Morrison is the new vice president of farm services for NAU Country Insurance Company. For the past 20 years, Morrison has been a risk analyst for Diversified Services Marketing Group. Morrison is a regular market contributor for the Red…