Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Farmers’ inability to purchase their fertilizer in 2021 for 2022 means they will likely face a higher tax bill in 2021, according to an American Farm Bureau Federation’s (AFBF) Market Intel service report.
Lower-than-normal rainfall due to the La Niña climate pattern during Argentina’s summer would pose a “big challenge” for soybean and corn production, according to the Buenos Aires Grain Exchange.
U.S. producer prices record-high in November.
Argentina and Brazil get some weekend rains, more predicted
U.S. consumer prices post biggest annual gain in more than 39 years.
U.S. Justice Department asked to investigate fertilizer prices
EPA proposes reduced biofuels blending level for 2020, 2021...
AgRural: Drier weather poses risks to crops in southern Brazil
The market trends that ended 2020 are starting to surface in the last few weeks of 2021. Could prices follow a similar pattern?
Nearly two years after COVID-19 invaded our world, we are still living with its disruptions, but we should not overlook the more traditional factors also at play.
A review of where we have been and the impact at this juncture is warranted.
The inflation genie is out of the bottle and might be as difficult to get back in as it was in the 1970s. As Yogi Berra would say, “It’s Déjà vu all over again!” Or is it?
Market dynamics and consumer shifts support U.S. beef.
The grain markets have a tendency to shift around Thanksgiving. That could be in the cards this year, says Jerry Gulke, president of the Gulke Group.
Has there been a time when the acreage mix for the next crop year has been so hotly debated during the current harvest? What is your take on 2022 acres?
Analysts predict Class III milk prices to range from $16 to $19.50.
What factors will impact crop mixes? Market analysts share their 2022 acreage pre-dictions and insights.
The November Crop Production and World Agricultural Supply and Demand Estimates reports gave a lift to grain prices.
China booked its biggest single-day U.S. corn purchase on record on Tuesday, its second massive deal for the yellow grain in less than a week.
USDA’s Nov. 8 Crop Production and World Agricultural Supply and Demand Estimates (WASDE) didn’t improve prices.
Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise.
Oats and wheat have been the superstars in commodity prices lately. As oats hit a new record high this week, spring wheat traded to the highest level since 2012.
For fiscal year 2021, USDA estimates total U.S. agricultural exports to be $173.5 billion. For next year, exports are projected to hit $177.5 billion.
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.
Every story has a beginning and an ending. The soybean story began in August 2020 after two years of a sideways base-building affair.
It will take significant N bookings at higher prices or excess natural gas supplies to relight fires at fertilizer plants – and neither seems likely until summer 2022.
On Tuesday, Oct. 12, USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimates. Gulke Group’s Jamie Wasemiller will be watching several factors in that round of report.
The questions of if fundamentals really matter anymore have surfaced recently. A look at price discovery for HRSW gives some insight.
Greater transportation efficiencies will only make U.S. exporters more competitive, will support basis and put more revenue in producers’ pockets.