Articles tagged under: Steve Wagner
Where Did Those Acres Go?
Published March 28, 2024
Acreage numbers were down in the USDA Planting Intentions Report. "With the Prospective Plantings Report, the government will usually find something to surprise us and they did it again," said Steve Wagner, director of risk management, RCM. "The tribe was…The End of Harvest is in Sight
Published November 17, 2023
RCM Ag Services market analyst Steve Wagner is plugging away with his corn harvest. "I'm hoping to be done this weekend, but there's fewer and fewer of us out there." Wagner is located in southeastern Minnesota and says the weather…Little Corn Expected to Move in Coming Weeks
Published October 26, 2023
RCM Ag Services market analyst Steve Wagner cites harvest pressure for recent market trends. "We are looking at the tail end of the corn harvest so with what's left out there, I think the market is going to see if it…Planting Peas
Published May 9, 2023
Southeast of the Twin Cities, Hampton, Minnesota, farmer Steve Wagner has his green peas in the ground and is working on corn. "The planters are absolutely flying in my neighborhood. Those big planters cut a mean path through a field."…Shipping Impacts Bulk Commodities Differently Than Containers
Published November 19, 2021
Supply chain disruptions have become headline news around the world. However, CHS Hedging market analyst Steve Wagner says the impact to grain exports is not quite as severe. "I think it is having an impact, but not as big of…Market Fundamentals Remain on a Roller Coaster Trade
Published June 21, 2021
CHS Hedging market analyst Steve Wagner says market fundamentals remain. Dry weather is a concern for the northern and western Corn Belt while the south and eastern areas have adequate moisture. "In the upper Midwest, that's definitely an issue. In…While Northern Brazil Struggles, Other Areas May Have Decent Crop
Published February 24, 2021
While the northern part of Brazil is struggling to get soybeans harvested, CHS Hedging market analyst Steve Wagner says the rest of the country will have a good crop. "It's not any different in South America than it is in…Trade Attention Shifts to South America and January USDA Report
Published December 11, 2020
CHS Hedging market analyst Steve Wagner says now that the December Supply and Demand report is out, grain traders are looking at South America’s crop and the January USDA production report. "What does the USDA give us for the final…Anaylsts Closely Monitor Smithfield Foods Closure
Published April 13, 2020
Market analysts are watching the Smithfield Foods plant closing in Sioux Falls very closely. "I do think there are hedge funds in the market selling the headlines," explains Steve Wagner, market analyst, CHS Hedging. "That's the market, but the reality…