Markets updated at 8 a.m., 11 a.m. & 2 p.m.
Rusty Halvorson updates the markets, current as of 1/17/2020 at 2 p.m.
Grains:
The grains rallied on Friday. After reading the fine print of the phase one trade deal with China, some traders expressed disappointment in...
October WASDE Expected Bullish
Usually around this time fields are flooded with combines and trucks hauling grain to the bin. In a typical year, roughly one third of the crop would be in the bin. Of course, bringing...
Sorghum Checkoff Hosts International Buyers
The Sorghum checkoff Monday welcomed a group of international buyers interested in grain sorghum as part of the Export Sorghum event. The one-day expo in Dallas, Texas, included more than 65 international buyers. Sorghum...
Corn Farmers Push President for More Corn Demand
Rural America is feeling the impact of the Trump Administration’s recent granting of 31 small refinery waivers to big oil companies across the country. The waivers are only adding to a list of farmer...
Trade War Escalation Prompts Recession Fears
Trade war worries sent Wall Street retreating Monday as some experts fear the rest of the U.S. could join agriculture in a depressed economy. Experts from Morgan Stanley predict a global recession if the...
Trade Group Claims Americans Have Paid $22 Billion in Tariffs Through Trade War
New data released by Tariffs Hurt the Heartland shows Americans have paid nearly $22 billion in additional tariffs since the trade war with China began. The data, which is broken down by individual tariff...
Chinese Grain Subsidies Are Too High
U.S. Wheat Associates (USW), along with other commodity groups and the USDA, welcomed a ruling from the World Trade Organization dispute panel regarding Chinese grain subsidies. The WTO panel ruled that Chinese government payments...
U.S. Soy Responds to tariff Announcement
In response to the announcement regarding U.S. tariffs on Chinese imports, the American Soybean Association (ASA), the U.S. Soybean Export Council (USSEC) and the United Soybean Board (USB) release the following statements.
“Nobody is a...
USMEF: November Pork Export Value Highest Ever; Beef Exports Remain Strong
The latest USDA export data shows that U.S. pork exports recorded their highest-ever monthly value in November at $615.6 million.
For January through November, pork export value increased 10 percent year-over-year to $5.9 billion.
Pork variety...
Grain Dealers to Gather in Fargo for 106th Convention and Industry Show
The North Dakota Grain Dealers Association will hold its 106th Annual Convention & Industry Show at the Fargo Holiday Inn January 14-16, 2018. Approximately 900 people are expected for the event, consisting of grain...
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