Machinery
LimelightPlayerUtil.initEmbed(‘limelight_player_501798'); AgDay anchor Clinton Griffiths and Davis Michaelsen discuss the current state of fertilizer prices and what will drive price action through the summer months.
Anhydrous firmed only slightly this week as preplant applications decline sharply. We look ahead to UAN prices for post emerge applications and what anhydrous price action might tell us.
However, the relationship of hog weights and prices is not nearly as strong for the hog market as is the case in the cattle market.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
LimelightPlayerUtil.initEmbed(‘limelight_player_286477'); Pro Farmer’s Chip Flory and Brian Grete discuss USDA’s bullish soybean surprise on this week’s Profit Briefing segment on AgDay TV.
Text highlights from USDA’s May 2016 Crop Production Report.
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Improvement in beef demand should be around the corner as warmer weather arrives.
The deck is stacking against the downside for crude oil, heating oil and farm diesel. We have suspected the February farm diesel price low would be the lowest price we see in 2016 and global production fundamentals support that position.
Half a century ago, my country was at war with America. Today, however, the Vietnamese see the United States not as an enemy but as a friend—and more important, as a leader on the global stage.
As of March 31, total stocks of Canadian wheat, canola and soybeans were lower compared with the same date in 2015, says Statistics Canada.
Michigan led gains in UAN solutions with a $5.92 uptick in the per ton price of 28% as most states were less than a dollar lower. Currently, UAN solutions pose the greatest threat to the upside as corn will soon emerge in earnest and sidedress activity will prolong spring demand.
On the first day, overall the wheat looked as good or better than expected. Almost all wheat was between late boot stage and early flowering stage.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
USDA’s Cattle on Feed Report showed feedlot inventories up around 1% at 10.853 million head as of April 1, which was in line with expectations.
This baler sold Saturday (April 16) at a northeast Michigan farm auction.
USDA’s Cold Storage Report showed a downtick in total frozen beef and pork stocks from month-ago levels.
Canadian farmers intend to plant more barley and corn for grain in 2016 than in 2015, but smaller areas of wheat, canola, soybeans and oats, according to Statistics Canada’s March Farm Survey.
Machinery Pete highlights recent record high auction sale prices on rare IHC 2 2 tractors from the early 1980s
Drenching rains were badly needed, following a dry March in the Great Plains. Get more weather highlights from Meteorologist Gail Martell.
Potash and Phosphate prices firmed mildly this week on seasonal tendencies.
Todd “Bubba” Horwitz says with all of the potential problems that farming can create, farmers can do things to protect and alleviate the unforeseen problems that come their way.
South American Crop Consultant Dr. Michael Cordonnier trimmed his Brazil crop pegs on dry conditions in northeastern Brazil and heavy rains hampering soybean harvest in Rio Grande do Sul.
Some form of drought now covers 93.4% of Kansas, up from 74% last week. Moderate drought across the state also spread.
Pro Farmer Senior Economist Dan Vaught takes a look at the long-term trends in hog and pork production.