News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
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.
This two-day seminar, which will be held Dec. 3 and 4 in Chicago, will offer women a unique opportunity to hear firsthand from industry experts and network with other like-minded women.
We have been watching the downtrend in fertilizer prices for several weeks now and this marks the second consecutive week in which our Nutrient Composite Index firmed. The week-over changes in fertilizer prices have been small in the regional averages and driven by a few states making corrective moves. At this point, those moves have mostly been to the upside.
Once both planned and unplanned maintenance at refineries are complete, expect farm diesel prices to soften. We often find opportunities to lock in attractive prices in December and we expect this year to be no different.
Senior Market Analyst Rich Posson -- a certified market technician -- provides Pro Farmer VIP Members a weekly chart update covering commodity markets.
LimelightPlayerUtil.initEmbed(‘limelight_player_475279'); Brian Grete explains how we compile the Pro Farmer weighted Crop Condition Index and how to use the data in this week’s Pro Farmer Profit Briefing segment on AgDay TV.
Potash and phosphate prices continued lower this week, and potash producers are nervous that the global potash supply overhang will force prices lower, especially given weak U.S. grain fundamentals.
After six years of planning, the Moes sign farm transition documents.
While fish is a primary source of protein that has many essential nutrients, health-promoting benefits and other nutritional qualities, fisheries and aquaculture are often overlooked in the global discussion of food security and hunger.
Nitrogen prices continued lower this week along with the rest of the fertilizer segment. This is a supply driven decline as much as it is a correction to better reflect wholesale prices. UAN32 is priced just 1/4 of a cent above expected margins with NH3. That is the closest we have seen UAN or urea come to parity with NH3.
Wholesale values have been far below retail prices and as retailers have resupplied at the onset of harvest, retail prices have fallen to a more appropriate relationship to wholesale prices. How long the downtrend will last is unknown, but as long as we are pointed lower, we will hold off on booking anymore fertilizer for fall or for spring.
PETA has done a lot with a little sex, shock and shame.
The Wisconsin Department of Agriculture, Trade and Consumer Protection and Department of Justice announced this week that they have reached a settlement with Lakes Gas Companies regarding complaints related to propane prices during the historic runup in winter 2013-14. During the week of February 21, 2014, Wisconsin LP prices surged to as high as $5.10 per gallon according to Inputs Monitor data.
158.5 acres brings $12,950 and a 40-acre tract sells for $13,350 per acre.
LimelightPlayerUtil.initEmbed(‘limelight_player_667453'); Market Rally Radio host Chip Flory answers a question about how 2011 yield averages might compare to this year’s and looks ahead to near-term temperature and precip forecasts.