Latest News From Markets

For the last several months, the grain markets had to digest how an extremely wet spring plays out for prices. But how will the grain markets move with a hot and dry forecast?
How Will Hot, Dry Weather Influence the Grain Markets?

For the last several months, the grain markets had to digest how an extremely wet spring plays out for prices. But how will the grain markets move with a hot and dry forecast?

Corn posted a technical bullish breakout this week. So, what ammunition does corn have to go higher? And what resources do you have at your fingertips today? Darin Newsom and Tommy Grisafi discuss in Markets Now.
Corn Market: World’s Largest Lottery, Information to Place Your Bet

The historic corn rally continued to show its head this week. A bullish breakout technically proved the market may not have been in highs just yet.

USDA Corn Yield Estimate Still Too High
USDA Corn Yield Estimate Still Too High

It’s been a long, arduous planting season for farmers across the U.S. Many farmers are wondering what this will mean for yields, ending stocks and, consequentially, corn prices.

Watch the video above with Andy Bishop, director of farm services at AgTech Scientific, to learn about the potential of hemp in Kentucky.  
41-Acre Kentucky Greenhouse Merges with Hemp Growing Company

The sixth largest commercial greenhouse in the U.S. is merging with a company specializing in cannabis to grow hemp on a large scale in Kentucky.

Crop conditions are so variable this year, analysts say we won't have an accurate grasp of the impact on both yield and abandonment until later this summer.
Analysts: The Weather Story in Corn Isn't Over This Summer

Crop conditions are so variable this year, analysts say we won't have an accurate grasp of the impact on both yield and abandonment until later this summer.

Markets Now: How To Overcome 2019’s Obstacles
Markets Now: How To Overcome 2019’s Obstacles

With old crop still in many bins, and even some new crop, farmers need to be on top of their marketing plans.

How High Can Corn Prices Get Before Reducing Demand?
How High Can Corn Prices Get Before Reducing Demand?

Rushing rivers, disastrous downpours and muddy messes have kept thousands of farmers out of fields. What does this mean for supply and demand?

The U.S. corn planting pace this year has been one for the record books, as 2019 marks the slowest pace in USDA records dating back to 1980. What will today's progress be?
Crop Progress Preview: How Much Has Been Planted?

The U.S. corn planting pace this year has been one for the record books, as 2019 marks the slowest pace in USDA records dating back to 1980. What will today's progress be?

“I think $4.50 is enough for next week,” he said. “But every week seems like it's about 25 to 30 cents more, that we need to keep planters rolling.”
How Many Prevent Plant Acres Will The Market Allow?

While the rain continues to fall, the markets are making the decision to claim prevented plant more difficult.

Corteva To Spin Off Of DowDuPont
Corteva To Spin Off Of DowDuPont

Almost two years since its historic merger, DowDupont will spin off its entire agricultural business as part of its plan to split into three sectors: agriculture, material science and specialty products.

BREAKING NEWS: Details of 2nd MFP Package Coming This Afternoon
BREAKING NEWS: Details of 2nd MFP Package Coming This Afternoon

We are expected to learn more this afternoon on what the second round of Market Facilitation Program payments will look like.

Grain marketing is a vital component of a profitable farm operation and is one of the top challenges farmers wish they could overcome. That’s according to a new report from FarmLogs.
See How 1,000 Farmers Market Their Grain

Grain marketing is a vital component of a profitable farm operation and is one of the top challenges farmers wish they could overcome. That’s according to a new report from FarmLogs.

Corn and Soybeans Bring No Safe Bets For Bears Or Bulls
Corn and Soybeans Bring No Safe Bets For Bears Or Bulls

Trade uncertainty, ending stocks and other unknowns have upped the ante for marketers. Even with “typical” summer volatility, bears and bulls have potential to encounter major hurdles.

Corn Prices to Hit Near-Record Lows, Time to Trim Soybean Acres
Corn Prices to Hit Near-Record Lows, Time to Trim Soybean Acres

Today’s World Agricultural Supply and Demand Estimates (WASDE) report from USDA sent shockwaves through the market. With corn prices seeping lower, traders and farmers alike are reeling from the numbers.

The U.S. has raised tariffs on $200 billion of goods imported from China.
U.S. Hikes Tariffs With China Talks Poised for Second Day

The U.S. hiked tariffs on more than $200 billion in goods from China on Friday in the most dramatic step yet of Donald Trump’s push to extract trade concessions.

ClipperData to Release Daily Reports
ClipperData to Release Daily Reports

Since 2012, ClipperData has been tracking movement in the energy market and recently added ag commodity tracking to its repertoire. The company uses port agents and satellites to track trade flows around the world.

“Traders were expecting a super negative report, they got a report that had some stuff in it they were already expecting,” Angie Setzer of Citizens Grain LLC tweeted. “....so as much as I hate to say it, today's close and extended forecast will likely mean more for forward direction now.”
USDA Delivered the Bearish Report Traders Expected

Corn carryout is higher yet and while domestic soybean ending stocks were lowered, global supplies are still abundant. 

Farmers can expect a few bright spots in 2019. Net farm income, as well as prices for key crops, are projected to be slightly higher in 2019. But longer-term projections don’t show positive outcomes.
FAPRI: Continued Pressure on Farm Finances

Farmers can expect a few bright spots in 2019. Net farm income, as well as prices for key crops, are projected to be slightly higher in 2019. But longer-term projections don’t show positive outcomes.

Prospective Plantings: Corn Up 4%, Soybeans Down 5%
Prospective Plantings: Corn Up 4%, Soybeans Down 5%

Corn planted area for all purposes in 2019 is estimated at 92.8 million acres, while soybean planted area for 2019 is estimated at 84.6 million acres.

Prospective Plantings: Swing To Secondary Crops?
Prospective Plantings: Swing To Secondary Crops?

With continued uncertainty around trade, sizeable stocks, flooding in the Midwest and fertilizer costs, will corn and soybeans keep all of these projected acres?

3 Marketing Tips to Tackle Spring Opportunities
3 Marketing Tips to Tackle Spring Opportunities

While planting might seem like a distant dream, it is top of mind for many farmers. As planting draws near, farmers need to have a well-established plan in motion for spring marketing.

Prospective Plantings: Acreage Shuffle Likely
Prospective Plantings: Acreage Shuffle Likely

Uncertainty on trade issues and the subsequent price movements associated with speculation on the topic added a degree of difficulty to acreage decisions this year.

An increase in on-farm storage and tight margins create volatility.
Grain Elevators Face Uncertain Outlook

An increase in on-farm storage and tight margins create volatility.

Bruised Emerging Markets Brace for Reality of China's Trade Pain

With investors still worried about the fallout from the trade war, China will this week announce industrial production and retail sales for February.

USDA looked into its crystal ball this week and released its first round of numbers for many key forecasts for agriculture in 2019 and beyond.
9 Ag Statistics to Know in 2019

USDA looked into its crystal ball this week and released its first round of numbers for many key forecasts for agriculture in 2019 and beyond.

As a Chinese trade delegation prepares to continue talks in the U.S. this week, USDA is still trying to catch up on export data. 
China Buys Beans, Then Cancels: So, Where Do Exports Stand Today?

Last week it was announced China bought beans, but the country also cancelled a purchase. So, where do exports sit today? Also, how could soybean prices impact the acreage debate? Two analysts and an ag banker weigh in.

Trade is always a contentious issue between the world's two largest economies, the US and China.
Trump Considers 60-Day Extension for China Tariff Deadline

Trump says trade talks in Beijing are going along ‘very well.’

Arlan Suderman chief economist for INTL FCSTone told AgriTalk host Chip Flory President Donald Trump may not have time to work out the details left to secure a long-term deal with China.
Economist: China Is Counting On Surviving President Trump

Arlan Suderman chief economist for INTL FCSTone told AgriTalk host Chip Flory President Donald Trump may not have time to work out the details left to secure a long-term deal with China.

USDA To Release Slew Of Grain Reports, Cattle Markets Wait
USDA To Release Slew Of Grain Reports, Cattle Markets Wait

Friday is the day the USDA releases a mountain of grain reports all at one time because of a delay caused by the longest government shutdown in U.S. history.

Trump, Xi Unlikely To Meet Prior To March Trade Deadline
Trump, Xi Unlikely To Meet Prior To March Trade Deadline

According to a senior administration official, the presidents are still planning to meet but there’s “too much work to do” in too short of a time period to flesh out a deal with China.

Nutrien's Calgary, Alberta Corporate Office
Nutrien Acquires Actagro Crop Nutrition Developer

Earlier this week Nutrien announced it entered a definitive agreement to purchase Actagro, LLC. Actagro develops, manufactures and marketer of soil and plant health products and technologies.

Agriculture Secretary Sonny Perdue said EPA Acting Administrator Andrew Wheeler assured him the rules would be complete by the “driving season.”
Perdue: E15 Rules To Be Complete By The “Driving Season”

Agriculture Secretary Sonny Perdue said EPA Acting Administrator Andrew Wheeler assured him the rules would be complete by the “driving season.”

China-US trade relations are often confrontational, but important to each country.
Is China Really Buying 10 MMT of U.S. Soybeans?

Since December, China has said it would buy 10 MMT of U.S. soybeans. However, sales on the books to date fall short of the 10 MMT mark. Some analysts fear China may be on pace to import fewer soybeans around the globe.

USDA: Wheat Exports Fall for a Decade
USDA: Wheat Exports Fall for a Decade

While the U.S. still maintains the status of a “major” supplier for wheat, the country isn’t finding many new markets for the crop.

<p>&nbsp;</p><p>U.S. Secretary of Agriculture Sonny Perdue speaks at an event to celebrate the re-introduction of American beef imports to China, in Beijing, China June 30, 2017.</p>
WATCH: AgDay Goes One-On-One With USDA Secretary Sonny Perdue

Watch AgDay's Clinton Griffiths go one-on-one in an interview with USDA Secretary Sonny Perdue.

Packers, Grain Elevators Close During Extreme Cold

The dangerous cold temperatures that blanketed the Midwest this week also impacted meat processors and grain elevator operations, as companies worked to protect employees.

TRADE TALKS UPDATE:  Statement Released from U.S. Trade Representative
TRADE TALKS UPDATE: Statement Released from U.S. Trade Representative

The U.S. Trade Representative released a statement following three days of meetings in Beijing:

Trade is always a contentious issue between the world's two largest economies, the US and China.
TRADE TALKS UPDATE: Statement Released from U.S. Trade Representative

The U.S. Trade Representative released a statement following three days of meetings in Beijing:

The Andersons Acquires Lansing Trade Group
The Andersons Acquires Lansing Trade Group

Andersons, Inc. previously owned 32.5% of Lansing Trade Group, LLC, but as of last week the company completed a purchase of the remaining shares.

A combination of factors paint a volatile picture for grain elevators in the coming year.
4 Factors Driving the 2019 Grain Elevator Outlook

“Cautious.” That’s the one word Will Secor, a grain and farm supply economist with CoBank, would use to describe the year ahead for grain elevators. 

FMC Flexes Its Market Muscle Post DuPont Asset Acquisition
FMC Flexes Its Market Muscle Post DuPont Asset Acquisition

On Nov. 1, 2017 FMC closed on a large number of DuPont assets, thereby rocketing itself to become the fifth-largest global chemical company. Post-acquisition the company plans to deliver 16 new products in four years.

ADM Shows There’s Money to Be Made in Trump’s Trade War

Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.

ADM Shows There’s Money to Be Made in Trump’s Trade War
ADM Shows There’s Money to Be Made in Trump’s Trade War

Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.

Blue Room a Hit at National FFA
Blue Room a Hit at National FFA

National FFA Convention rolls out the Blue Room. A 17,000 square foot interactive experience for attendees focusing on technology innovation.

With Mega Millions at a record-high of $1.6 billion there are loads of possibilities for things that can be bought in agriculture.
What Can $1.6 Billion Mega Millions Lottery Buy Farmers and Ranchers?

With Mega Millions at a record-high of $1.6 billion there are loads of possibilities for things that can be bought in agriculture.

USDA added 130 million bushels to the corn that will be on-hand at the start of the 2018/19 marketing year and corn prices dropped 8 cents.
Early Rallies Gone with the Wind After USDA’s Report

USDA added 130 million bushels to the corn that will be on-hand at the start of the 2018/19 marketing year and corn prices dropped 8 cents.

Protect Yourself: Lessons from Grain Elevator Fraud
Protect Yourself: Lessons from Grain Elevator Fraud

Recent cases of embezzlement, fraud and Ponzi schemes occurring with grain buyers serve as reminders of why farmers should exercise due diligence when working with grain buyers.

A single location grain cooperative in Ashby Minnesota is hosting a member meeting tonight to address the allegations that its previous general manager misused more than $2 million.
Sticky Fingers Fraud: $2M Missing at Grain Elevator

A former grain elevator manager is on the run after allegedly pocketing $2 million from the Ashby Farmers Cooperative Elevator Co. in west-central Minnesota.

UPDATED: Trump announces Mexico trade agreement
UPDATED: Trump announces Mexico trade agreement

President Trump said Monday that a trade “understanding” has been reached with Mexico.

Bayer AG Chief Executive Officer Werner Baumann sought to soothe investors’ worries after a $289 million jury award over the controversial weed-killer Roundup,
Bayer CEO Tries to Calm Fears Over Monsanto Verdict

A $289 million verdict against Monsanto (Bayer) was the first of what may be thousands of cases in the debate over whether Roundup causes cancer. Bayer's CEO is trying to ease fears of Bayer investors.