Machinery
Text highlights from USDA’s World Agricultural Supply and Demand Estimates Report.
NOAA says most models indicate the strong El Niño will weaken with a transition to ENSO-neutral during the late spring or early summer.
Senior Market Analyst Rich Posson -- a certified market technician -- provides Pro Farmer VIP Members highlights of key outside markets that influence commodity price action.
It’s a new year with a new name but still the same people devoted to the same mission.
All fertilizers and fuels were lower for the second consecutive week. Anhydrous continues to lead to the downside and the really exciting news in this week’s price survey is, despite falling corn prices, anhydrous ammonia outpaced corn’s declines and the gap between the two narrowed to just 97 cents. So as corn prices have fallen, NH3 has fallen farther, faster.
National supplies in crude oil, distillate and propane are strong enough to limit near-term upside potential in both farm diesel and propane.
These are the most watched videos from the most trusted name in farm equipment, Machinery Pete.
Here are the top 10 most talked about finds from the most trusted name in farm machinery.
I got a question in from a Market Rally Radio listener for our Thursday show regarding farm diesel in 2016. The question was simply, “What’s diesel going to do in 2016?” Behind the simplicity of a question like that are dollars and cents that have to be spent and since the outlook for the ag sector in general isn’t the strongest, margins will be tight.
All three categories came in on the bullish side of the pre-report estimates, with the Placements category being the most friendly.
This new record was set at a farm auction in east-central Nebraska.
Instead of bankrolling guerilla-marketing propaganda against conventional farmers, and then trying to blame its problems on the CDC and journalists, Chipotle should have devoted more of its resources to improving its own lax health standards.
P&K spreads have been hard to figure for a variety of reasons, but we are honing in. This week, we turn our attention to the early stages of building our phosphate margin analysis.
Consumers are literally sick of hypocritical restaurant giant Chipotle – and so are America’s farmers and ranchers.
LimelightPlayerUtil.initEmbed(‘limelight_player_728572'); Corn futures have stabilized following yesterday’s losses, with soybeans and wheat mostly weaker.
A fairly quiet week in the P&K world. Phosphoric acid prices gave hints of easing, but volatility in acid prices for producers still makes future pricing difficult to pigeonhole. Potash is in a state of global oversupply and prices continue to dip lower.
Senior Market Analyst Rich Posson -- a certified market technician -- provides Pro Farmer VIP Members highlights of key outside markets that influence commodity price action.
This week’s sharply lower diesel price was driven by downside action in Michigan, Indiana and Nebraska. Propane remains in good supply with current stocks 23 million barrels above the same time last year. Production dipped just slightly on the week as demand perked up for a Midwest snowstorm.
Low potash prices are creating a stir among global producers. Potash markets are usually very quiet. We take a closer look at what is behind all the chatter and what it means to us.
Traders did a good job anticipating this month’s feedlot snapshot.
Senior Market Analyst Rich Posson -- a certified market technician -- provides Pro Farmer VIP Members a weekly chart update covering commodity markets.
Fertilizer prices reversed course this week after having firmed the past two weeks in a row. The outlook for nitrogen has improved in recent weeks and UAN’s price movement this week basically erased what was gained in upside action over the past weeks.
LimelightPlayerUtil.initEmbed(‘limelight_player_176012'); Grain and livestock markets are under pressure in morning trade.
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