Markets - General
With improved snowpack in areas such as Montana and precipitation through the midsection of the country late last fall and this winter, the Mississippi River and its tributaries could be back to normal by this spring.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
What is the state of the U.S. economy? How will these macro factors impact the agricultural economy? John Deere’s Kanlaya Barr provides a guide to a few risks you should monitor in the next year.
While Tyler Schau, AgMarket.Net hedging strategist, wouldn’t call this month’s report a barnburner, it did have a few market implications.
Record farmland sales stole headlines throughout 2022. Will 2023 be a repeat in market strength?
Corn and soybean prices hit 10-year highs in 2022, creating exceptional returns to row crop producers. Will 2023 be a repeat or will prices shift lower?
Thus, the trend of the 2023/24 ag markets is clearly balancing on a tightrope of weather.
The outlook for 2023 grain prices is difficult to pin down given a host of unknown global outcomes. Economists say the new year could bring major moves in either direction, including higher prices.
International Energy Agency sees an extra 2,400 gigawatts of capacity coming online worldwide over the next five years, with renewables surpassing coal as the largest source of global power generation by 2025.
Volatility was the headline in the commodity markets this week. From fears Russia was invading Poland to then news the U.N. Grain Deal would be extended, the commodity markets saw extremes.
Transportation woes continue to haunt Northeast shippers as trucks remain hard to come by and freight rates skyrocket because of rising fuel costs and a scarcity of drivers.
Highly pathogenic avian influenza (HPAI) has wreaked havoc on many poultry operations this year. Cases confirmed this week in Iowa, Pennsylvania and Wisconsin total nearly 1.5 million infected birds.
Small crops are no longer getting smaller. In its November round of crop reports, USDA increased both the national corn and soybean yield by 0.4 bu.
Brazil is a top-five producer of 34 agricultural commodities. As Brazilian farmers start to plant this fall, forecasts show the 2022/23 crop harvest could be the largest ever.
The grain markets saw waves this week, and agricultural economists say it revealed just how much traders think the vital grain corridor in Russia and Ukraine is worth.
Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.
A rail strike is looming despite the majority of unions reaching tentative agreement with the rail companies, but the unions not on board are essential to the operation of the nation’s rail system.
With continued uncertainty around trade, sizeable stocks, flooding in the Midwest and fertilizer costs, will corn and soybeans keep all of these projected acres?
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.
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.
As much of the Plains thaws out from the winter weather that gripped the country last week, concerns are continuing to sprout about potential damage to winter wheat.
Corn and soybean production will both be down from 2021, according to USDA’s September Crop Production report. That news sent prices higher for both markets.
December corn futures rose to the highest price since late June and soybeans and wheat also rose amid concern over dry weather. Why did corn prices surge? Several bullish factors are at play,
You have the opportunity to attend Pro Farmer Crop Tour nightly meeting or watch a brief broadcast online this year.
Corn production is down 5% from last year, forecast at 14.4 billion bushels; soybean growers are expected to increase their production 2% from 2021, forecast at 4.53 billion bushels,
“There are still more questions than answers, but we did get a vessel out the door,” says Dan Basse, president of AgResource Company.
Triple digit heat blankets the Southwest this week, and forecasters expect the ridge of high pressure to park over the western Corn Belt next week. AccuWeather projects U.S. corn production could be severely impacted.
The July WASDE report from USDA shows while soybean production this year is expected to fall due to fewer soybean acres planted across the U.S., USDA is also forecasting a drop in exports.
Soybean acres are estimated at 88.3 million, up 1% from last year. This is down from March’s estimate of 90.955 million and below the pre-report trade average of 90.446 million.
Heat seemed to be the focus of the markets this week. Two veteran market analysts say if this heat continues, and drought becomes an even larger concern, commodities could see a violent run-up in prices.