Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
SovEcon raised its 2022 Russian wheat crop forecast by 5.3 MMT to a record 100 MMT . . .
Corn and wheat prices close higher holding war premium, soybeans consolidate with lower meal. Cotton and livestock down on Fed fears. Michelle Rook gets analysis with Shawn Hackett of Hackett Financial Advisors.
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?
Grain prices are mixed with livestock mostly lower. The markets are still digesting the current and future Fed moves and the Russia Ukraine news. Michelle Rook gets details with Joe Vaclavik of Standard Grain.
Grain prices mixed with a corrective bounce in row crops, profit taking in wheat with new highs in the dollar. Livestock lower on consolidation. Michelle Rook gets analysis with Rich Nelson of Allendale.
NCBA announces its “75% plan,” a regional approach to improve cattle market price discovery without mandating participation by producers or packers.
By Joanna Lidback: Barton, Vermont A funny thing happened during the debate over GMO labels: A number of companies decided to make the voluntary disclosure that their food includes ingredients that are improved with t
The Renewable Fuels Association (RFA) shook up the market with its assertion that President Donald Trump’s administration is working on changes to implementation of the U.S. biofuels program that would shift the resp
U.S. would remain WTO member, but officials asked to draft list to level trade sanctions
By Terry Wanzek: Jamestown, North Dakota I’ve always known that moving food from farm to fork depends on excellent infrastructure—but until about fifteen years ago, I took a lot of it for granted.
Trump letter to industry comes amid some oil industry calls for repeal, change
Congress in recess all week | USDA Outlook Forum | Senate farm bill field hearing
By Gina Gutierrez: Pachuca, Hidalgo, Mexico The government of Mexico earlier this month re-launched an old marketing campaign: “Hecho en Mexico.” A strategy that started back in the 70’s, with
Big debate over how to alter dairy program
Watergate-aura atmosphere among big media outlets in competition to score scoops
Canada, Israel leaders visit White House | Yellen | New farm bill
Duties would primarily target agricultural products
By Ruramiso Mashumba: Marondera, Zimbabwe The average African farmer is a 60-year-old man who took up agriculture because that’s what his parents did. I’m a woman who, in her mid-20s, chose
Key issues ahead: Cotton, generic base acres, dairy, ARC
Court challenge on immigration, refugee order | Cabinet | USDA reports
Data provides first look at jobs market in 2017
By Reg Clause: Jefferson, Iowa I’m worried about soybeans. We grow them on my farm in Iowa, along with corn and cattle. As the planting season approaches, however, I’m not sure how to handle my soybe
Commerce Secretary-designate responds to trade policy questions
Trump inauguration | Obama’s last press conference | Nomination hearings | Yellen
By Hope Pjesky: Goltry, Oklahoma President Obama mentioned trade only once during his farewell address on Tuesday night: “I agree that our trade should be fair and not just free.” In a speech that
Trump spokeswoman says announcement will be made soon
By Tim Burrack: Arlington, Iowa President Trump took his time to choose a nominee to head the Department of Agriculture, and he picked a good one: Sonny Perdue, a former Governor of Georgia who grew up on a farm, beca