Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Pirates are stealing billions during the exchange of U.S. agriculture goods, and pumping the wares right back onto American department store shelves. But CSI is ready to take on agriculture crime.
Chip Flory has a tight grip on agriculture’s tape measure. When an army of 150 scouts from 12 countries marches across U.S. farmland with ropes and smartphones, Flory knows there is a meticulous method to the madness.
U.S. soy processors, fresh off their busiest year on record, have booked soybean purchases well beyond their normal few weeks of supply due to soaring export demand, rising prices and fears of soy shortages.
After corn and soybean prices soared last week once the USDA’s WASDE report was released, grains and oilseeds seem to have taken a different path this week. So, is the grain rally over? Bob Utterback weighs in.
All the major variables were hit in 2020.
AFBF wants USDA’s National Agricultural Statistics Service (NASS) to improve transparency and better embrace emerging technology in making crop estimates, determining ag census numbers and other ag reporting.
There is no “bailout” in commodity markets — just risk. It makes me crazy when someone says, “The bulls were bailed out by Chinese buying.” Or, “The bears got bailed out by those rains.”
We will have to see if President Joe Biden wants to expand Chinese demand. Additionally, we must watch the COVID-19 situation.
Have your adviser compute reasonable 12-month price targets given the latest fundamental and technical information.
The marketing tools to use have little to do with the year or commodity. What emotionally best fits you?
If a good profit margin can be locked in and you can gain revenue as prices move higher, go for it. Looking ahead, I’m watching:
Energy needs and global energy policies will be front and center this year.
Try locking in a floor for projected 2021 production but also maintain marketing flexibility.
USDA’S final crop production report of the year made some historic adjustments, including tighter soybean stocks. As a result, soybeans shot 60 cents higher in a matter of minutes, and corn traded up the limit.
As the ethanol industry tries to recover from the impacts COVID-19, climbing corn prices aren’t helping margins for ethanol producers. With ethanol stocks piling up, ethanol producers are facing tough decisions.
Markets soared this week after just a half-bushel drop in national soybean yield. Why is that? What does the future hold for the legume?
Analysts say the trade expected a bullish USDA report. With minimal changes, traders sold the market and commodity prices dropped.
Grain markets are driven by lower supplies and higher demand.
A challenging growing season in the U.S. and a turnaround in Chinese demand facilitated a black swan event to change the soybean outlook.
The story in U.S. commodity prices is changing quickly as massive money flow is pouring into the commodity markets. So, what could reverse the trend? U.S. Farm Report analysts weigh in.
Mike North of ever.ag thinks the market is already pricing in minor reductions in the upcoming USDA report. So, what will it take to give the market more fuel moving forward?
2020 was a dynamic year in the markets. From the pandemic causing prices to plummet in the spring to a dramatic recovery during the fall, analysts say key lessons were learned along the way.
Watch analysis of Tuesday’s USDA reports with AgriTalk’s Chip Flory, USDA Chief Economist Seth Meyer and others.
With just eight days left in EPA Administrator Andrew Wheeler’s term, RFA president and CEO Geoff Cooper weighs in on worst-case scenarios and his optimism about the new administration.
This month’s 2020/21 U.S. corn outlook is for lower production, reduced corn used for ethanol, smaller feed and residual use and exports, and decreased ending stocks.
Final 2020 crop numbers from USDA put the overall corn crop at 14.2 billion bushels and soybeans at 4.14 billion bushels, both below trade expectations.
U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said.
2020 ended on a high note for soybeans as prices soared past $13, so will demand be enough to push prices even higher in the New Year? Dan Basse and Arlan Suderman explore 2021.
Here’s a look at what analysts are expecting for the upcoming growing season in 2021.