Articles tagged under: wheat
No Big Winner in 2022 Acreage Battle Yet
Published November 11, 2021
Minneapolis wheat led the grain market higher this week. Van Ahn and Company market analyst Kristi Van Ahn thinks spring wheat is trying to secure acres. "We're trying to decipher what we'll have for acres with fertilizer prices as high…Global Wheat Numbers Remain Tight
Published November 10, 2021
While USDA made only small changes to the U.S. wheat production numbers, Progressive Ag Marketing market analyst Brian Strommen says the global numbers remain tight. "The world wheat stocks were trimmed by 1.38 million metric tons from the October numbers,…Basis Bids Vary Across Northern Plains
Published November 2, 2021
In the last week, spring wheat basis bids widened by five cents at the six regional grain elevators followed by the Red River Farm network. Spring wheat basis ranges from 30 to 75 cents under the March Minneapolis futures contract.…Wheat Prices Continue to Climb Higher
Published November 1, 2021
The tight global supplies of high protein wheat are pushing grain prices higher. CHS Hedging market analyst Kent Beadle says there's concern about millers and bakers finding enough. "There isn't enough high quality wheat in the world right now with…Spring Wheat Moves Past $10
Published October 24, 2021
After flirting with it all week, Minneapolis December wheat topped $10 on Friday. "We haven't been at these levels in spring wheat since 2012," said Tommy Grisafi, risk management advisor, Advance Trading. "There are many things going on. The Argentina…Flexibility is the Region’s Strong Suit
Published October 23, 2021
As farmers think about 2022 acreage decisions, Innovus Agra president and farm business consultant Bret Oelke says the Dakotas and Minnesota have an advantage over other states in the Corn Belt with more flex acre options. "We can flex out…Spring Wheat Pricing Opportunity Available
Published October 21, 2021
The December Minneapolis wheat contract flirted with the $10 level on Wednesday. Total Farm Marketing Senior Market Analyst Naomi Blohm says there's been a lot of technical buying. "If you're holding onto wheat looking to price, this is your chance.…Oilseed Crops Offer Good Profit Potential for 2022
Published October 15, 2021
When NDSU Extension Crops Marketing Economist Frayne Olson starts to do back-of-the envelope calculations on next year’s acreage, the commodities that lead the charge on bottom-line potential are oilseed crops. "Leading the pack is canola. There's aggressive canola contracts already…Make Acreage Decisions That Pay
Published October 15, 2021
When it comes to selecting the right acreage mix, Ever.Ag market analyst Mike North says it can be easy to lose sight of price. "We’re still staring at $12 soybeans, $5 corn and looking at $9.50 spring wheat and $7.50 winter…