Market Outlooks
One of the top concerns for farmers heading into the 2023 growing season is high input costs. However, one input — fertilizer — looks surprisingly less expensive than a year ago.
High prices will cure high prices. It is already occurring with acreage increases in South America and demand destruction in various regions.
Historically, corn basis has been wide in the Midwest and the western Corn Belt, while tight in the East. In 2022 it was the opposite. What happened?
For 2023, evaluate your production risk. I would only become aggressive once prices move beyond your breakeven costs.
Thus, the trend of the 2023/24 ag markets is clearly balancing on a tightrope of weather.
The Jan. 12 USDA reports held positive surprises for grain prices. March corn prices were up 20¢, and March soybean prices were up 35¢ for the week ending Jan. 13. Wheat prices were flat to up 11¢.
“A lot of people looked at the smaller landlocked crush facilities and said, ‘Does that make sense?” I think those locations will go away, and I’m not sure they should have been there to begin with,” Fife says.
The acreage battle will be a hot topic in 2023, especially for the cotton market. Early indication the nation’s farmers will be planting less cotton.
The outlook for 2023 grain prices is difficult to pin down given a host of unknown global outcomes. Economists say the new year could bring major moves in either direction, including higher prices.
Winter weather is packing a punch across much of farm country this week. However, its being somewhat ignored by the trade.
West Texas intermediate crude oil prices hit an 11-month low of $73.60 per barrel Monday before rebounding to close higher. So, what is driving the market and how long will these lower price levels last?
Cattle producers liquidated their herds with drought hitting cattle country. They also faced poor pasture and winter wheat conditions. So, what does that mean for the fall cattle run and the market outlook?
Supplies of diesel in the United States are some of the tightest in history, down to a 25-day supply. So, is there a chance of running out?
The cotton market hit a two-year low on Monday, Oct. 31, but the market ended 1,494 points higher for the week, up 21%.
The Consumer Price Index rose .4% last month and in the last 12 months has increased 8.2%. This reinforces ideas the Fed will boost its benchmark funds rate another 75-basis points, but is there a silver lining?
Rising prices are impacting every aspect of the food and agriculture supply chain and that may not change dramatically through the balance of 2022 according to the Federal Reserve Banks of Minneapolis and Kansas City.
Slower barge traffic on the Mississippi, slower rail movement and increasing harvest pressure have combined to pull cash grain prices down in the central and eastern corn belt as the basis has collapsed.
The editors at AgWeb.com are looking at experts’ projections for commodities in 2021 to help you succeed in the coming year. Here’s a look at what analysts expect for the upcoming year in the protein segments.
United States ethanol production has slowed the last several weeks and is now at levels not seen since the height of the COVID-19 pandemic.
The Federal Reserve made history on Wednesday, approving a third consecutive 75-basis-point hike. It was largely anticipated by the market, but the key is what’s next?
Ahead of the Fed announcement the U.S. dollar index traded at fresh 20-year highs and that followed into Thursday’s session. When will it peak?
The latest Consumer Price Index shows while inflation has slowed...prices are still rising for many key items. The monthly CPI rose 8.3% from a year earlier.
Grains seeing corrective buying and help from outside markets, with good chart action in live cattle but a lower day in hogs following cash. Mark Schultz of Northstar Commodity joins Michelle Rook with analysis.
On Thursday, corn prices jumped again. Prices are set for an week of back-to-back gains, the longest streak since May 2021.
Corn and soybean markets have continued to be volatile with weather and crop size still uncertain. Darren Frye of Water Street Solutions about a marketing strategies going into harvest.
The Fed’s action to raise interest rates and negative second quarter GDP have many experts saying the U.S. is in recession. So what are some of the trends we’re seeing and what’s likely down the road?
Wednesday’s CPI or Consumer Price Index for June rose 1.3% and above expectations at 9.1%. This is continuing to impact the outside and agricultural commodity markets and may trigger the Fed’s next move.
Hedge funds bailed from commodities the last few weeks on recessionary concerns. So did that put the high in for the year in grains?
ProFarmer’s Brian Grete says these market dips coming out of Independence Day weekend generally set the tone for the weeks to come.
Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.