Markets - General
USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.
The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.
Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.
The U.S. and China have reportedly made “progress” and agreed to stabilize their relationship, but no major breakthroughs were outlined during the two-day meeting between U.S. and China high-ranking officials.
While cattle prices continue to post contract highs, hog prices continue to see intense pressure, and it’s creating a dismal outlook for pork profits this year. What’s behind the price pressure? Analysts weigh in.
Futures markets are a mystery, says Scott Irwin, author of the new book, Back to the Futures, is now available for pre-order and is scheduled to be released on April 19 on Amazon.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
Transportation woes continue to haunt Northeast shippers as trucks remain hard to come by and freight rates skyrocket because of rising fuel costs and a scarcity of drivers.
Highly pathogenic avian influenza (HPAI) has wreaked havoc on many poultry operations this year. Cases confirmed this week in Iowa, Pennsylvania and Wisconsin total nearly 1.5 million infected birds.
Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.
Recent cases of embezzlement, fraud and Ponzi schemes occurring with grain buyers serve as reminders of why farmers should exercise due diligence when working with grain buyers.
The lean hogs market dipped substantially lower. However, what will the markets do in light of African Swine Fever and the trade war? AgDay Host Clinton Griffiths discusses more with Jim McCormick with AgMarket.Net.
A rail strike is looming despite the majority of unions reaching tentative agreement with the rail companies, but the unions not on board are essential to the operation of the nation’s rail system.
Jerry Gulke, president of the Gulke Group, offers further analysis on market trends and movements and what they mean to the farm industry.
Declining U.S. corn acres, a slow start to corn planting and stable domestic consumption are all creating a bullish story for corn.
Strong basis bids are sparking questions about the reality of corn supplies and issues in getting grain to areas of the country that need it. Analysts are watching USDA’s Grain Stocks report this week for answers.
Last week, hot and dry weather fueled commodity markets. This week, the change in the weather forecast, as well as growing concerns about a recession, spurred market speculators to sell.
Heat seemed to be the focus of the markets this week. Two veteran market analysts say if this heat continues, and drought becomes an even larger concern, commodities could see a violent run-up in prices.
Farmers reported selling old crop soybeans for $18 and cash corn sits above $8 in some areas. The prices are proving to be painful for pork producers sourcing feed, and it’s possible those prices climb even higher.
Feed costs are seeing volatile swings, even as hog prices trend higher. While the markets produce major whiplash for producers, margins on the farm show costs are increasing faster than returns.
Commodity prices won’t grow less volatile over the next several months. So, what’s a potential game plan for locking in feed prices? Friday’s market action may be one example of what producers can do to manage risk.
The commodity markets came under pressure to start the week as traders tried to shed risk over shipping concerns in China as COVID-19 concerns caused officials to shut down transportation amid a two-pronged lockdown.
Wheat futures were fueled by the ongoing Russia-Ukraine crisis on Wednesday. As a result, front-month wheat contracts hit daily trading limits and soared to a 14-year high.
The Russia-Ukraine crisis sent wheat prices skyrocketing 50 cents higher, with corn up 30 cents at one point Thursday. Crude oil also soared above $100 per barrel, hitting the highest level since 2014.
A new USDA Market News Mobile Application will provide the supply chain with instant access to current and historical market information, including over 800 livestock, poultry, and grain reports.
USDA will release several reports Wednesday, January 12, including Crop Production, Grain Stocks and WASDE. With declining outlooks for South America’s crop, Garrett Toay and Brian Splitt break down what to watch.
The concept of “goal-based marketing” is easy to understand. The strategy links the sale of crops or livestock to a goal for your business.
China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a test of bilateral engagement between the world’s biggest economies.