Canola harvest has nearly wrapped up across North Dakota with some areas of the northern part of the state remaining to be harvested before colder weather sets in. The USDA issued its first production estimate for major crops on Oct. 9, and average canola yields in the state are significantl…
Although there were no big announcements of extended U.S. soybean export sales when President Trump and President Xi of China met in September, demand for U.S. soybeans remains good, as do prices.
With the northern U.S. durum harvest complete, the market now awaits to see what the final production and quality of the Canadian durum crop will be to provide more direction. In the meantime, durum prices continue to hold steady with where they were in late September.
The U.S. Department of Agriculture’s (USDA) recent Quarterly Stocks Report showed that sunflower stocks have risen substantially. The report didn’t have a huge impact on prices though, as they remained unchanged to up 50 cents and new crop contracts were also unchanged.
Spring wheat prices have continued to drift down from the highs in September due in large part to a lack of new news related to geopolitical issues and the fact that any production issues have been accounted for already in the markets.
U.S. corn prices felt the pressure from USDA’s September Quarterly Stocks Report, which shocked the corn market when it was released on Sept. 30.
USDA Farm Service Agency acreage data reported recently shows an additional 135,000 acres were reported in states that do not show up in USDA data. Canola was planted in 365 counties this year in 29 states this year, an all-time record with acres topping 3 million. Six states that exceeded 1…
Although the costs for oil, gas, and diesel fuel remain high and have had a negative impact on many producers’ bottom line, the high energy prices have helped give a boost to soybean prices, which may help alleviate some of the pain.
There was good news in the durum market recently as prices rose after months of remaining in a steady trading range, but there remained some challenges for the market as harvest results are analyzed.
Earlier in August, conditions for the 2026 sunflower crop in the Northern Plains were dry and producers were considering desiccating the crop early to push for an early start to harvest, but after some rains in late August and into September, producers may be re-evaluating those plans.
Although wheat prices have come down some after rallying into early September, the market is still supported by some strong variables that have kept prices in a trading range of $6.40 to $6.95 for local cash prices for 14-protein spring wheat.
Lower production estimates, rain delays for this year’s harvest, and geopolitical issues have all helped corn prices reach the highest they’ve been in three years.
Farmer sentiment decreased again in May as the Purdue University-CME Group Ag Economy Barometer Index declined from 121 points in April to 119. The Current Conditions Index decreased by 8 points, while the Future Expectations Index increased by 1 point. This month’s Current Conditions Index …
Soybean futures prices aren’t “beans in the teens,” but they’re near levels that could create some marketing opportunities for growers.
Farmer sentiment worsened in April as the Purdue University-CME Group Ag Economy Barometer Index declined from 127 in March to 121. The Current Conditions Index decreased by 11 points, while the Future Expectations Index decreased by 4 points. This month’s Future Expectations Index was 16 po…
While other wheat and grain markets have seen some price volatility due to weather, planting progress and geopolitical issues, the durum market and prices have remained relatively flat.
While ongoing supply disruptions due to the war in Iran and the closing of the Strait of Hormuz has caused crude oil and wheat prices to rise, the conflict has had less impact on the sunflower market comparatively.
Volatile weather conditions have been making for some volatile swings in the wheat market this spring.
As the 2026 corn crop is being planted, improving new crop corn futures prices are creating marketing opportunities for producers.
Drought conditions in many major cattle-producing regions of the U.S. could be an obstacle to herd rebuilding efforts.
Drought in the western Plains has some farmers concerned, while the southeast and the upper Midwest is wetter than usual.
The markets are eyeing the forecast to see whether planting progress will push forward or not.
The latest USDA cattle on feed report showed lower inventory and placements.
With conflict ongoing in the Middle East, the grain market is looking for other movement.
The beef Choice-Select spread has been negative for part of April.
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