Rich Nelson | Red River Farm Network

Good Export Sales Noted For Mid-October

Published October 23, 2020

Allendale Chief Strategist Rich Nelson says we continue to see very good corn export sales. "It's the second best for this specific week. As far as the soybeans, the export numbers were within trade expectations and the grain markets reacted…

Second Backlog of Hogs Anticipated in Q4

Published July 23, 2020

Allendale Chief Strategist Rich Nelson says the swine industry is expecting to see a build in the backlog of hogs. "The issue isn't just a backlog in current hogs, but there are some concerns about the fourth quarter supply. We…

Grain Traders Focus on Planting Progress

Published May 1, 2020

As May begins, planting progress becomes the focus for grain traders. Most traders are looking for Monday’s corn planting progress to be close to half done. "There's definitely some traders looking for the western Corn Belt to pull the eastern…

Decent Export Sales on Thursday

Published February 27, 2020

According to the USDA weekly export sales report, U.S. sorghum export sales hit a marketing year high of 444,500 tons to unknown destinations. The export numbers could be signs of China trade deal buying. Allendale Chief Marketing Strategist Rich Nelson…

Market Analysts Cautious on Phase One Announcement

Published December 31, 2019

Allendale Chief Strategist Rich Nelson expects traders to remain very cautious of the China trade agreement until they see actual sales. "We're all playing with some numbers on this Chinese trade deal. The impact, if it's fully implementing, would be…

Analysts Prepare for Friday’s USDA Supply and Demand Report

Published November 4, 2019

The November USDA World Agricultural Supply and Demand Estimates (WASDE) report is not expected to show much change in crop production. Allendale Chief Strategist Rich Nelson says the November WASDE report typically does not make any big changes. "Often we…

Farmers Have Concerns About Crop Maturity

Published September 5, 2019

The U.S. crop looks good, but crop maturity will be key for the next few weeks. According to the latest Allendale farmer survey, Allendale Chief Marketing Strategist Rich Nelson says farmers in the western Corn Belt will have serious concerns…

Grains Led by Higher Wheat Complex

Published April 30, 2018

Today's grain markets were led higher by the wheat complex. Allendale Chief Strategist Rich Nelson says to keep an eye on the Kansas winter wheat tour. "Results are announced Thursday. So, at this point in time, the trade is bracing…

Articles tagged under: Rich Nelson

Good Export Sales Noted For Mid-October

Second Backlog of Hogs Anticipated in Q4

Grain Traders Focus on Planting Progress

Decent Export Sales on Thursday

Market Analysts Cautious on Phase One Announcement

Analysts Prepare for Friday’s USDA Supply and Demand Report

Farmers Have Concerns About Crop Maturity

Grains Led by Higher Wheat Complex

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