Articles tagged under: Rich Morrison
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…Harvest Price Options Set for Crop Insurance
Published November 1, 2019
Diversified Services Risk Management Analyst Rich Morrison says now that the harvest price option is set for crop insurance, farmers with revenue protection should visit with their crop insurance provider. "We ended up down one dime on corn and down…A Record Wheat Crop in the Works?
Published August 23, 2019
In the most recent crop report, USDA forecast a record 50 bushels per acre spring wheat crop for North Dakota. Diversified Services Marketing Group senior risk analyst Rich Morrison participated in the Ihry Insurance Pre-Harvest Marketing Meeting at Hillsboro and…Opportunities to Forward Market
Published January 29, 2019
Looking at long-term seasonal trends, the March-through-June time period provides an opportunity for forward pricing. Diversified Services Marketing Group senior risk analyst Rich Morrison was part of a series of marketing meetings across the region this past week and said…Crops Bidding for Storage at Harvest
Published August 30, 2018
Diversified Services Senior Risk Analyst Rich Morrison is telling farmers to evaluate the return of storing this year’s crop. In fact, the crop is bidding for storage and soybeans are trying to win the battle. "We have to formulate a…