Last week was pretty disappointing for many financial and commodity markets. Due to that, Mark Oppold notes traders are hoping for a better market performance this week.
Food Prices Level for the Month
Consumers last month were paying a lot more for shelter and gasoline, but not for food. Gary Crawford has more in today’s This Land of Ours report.
FARMER Act Introduced to Help Agriculture and Beyond
New legislation aims to improve risk management in agriculture and supporters say it goes beyond the farm. Senator John Hoeven, a senior member of the Senate Agriculture Committee and Ranking Member of the Senate Agriculture Appropriations Committee, this week introduced the Federal Agriculture Risk Management Enhancement and Resilience (FARMER) Act. Hoeven says the legislation will strengthen crop insurance and make …
Concerns about NASS Discontinuing Some Reports
It was announced this week that the USDA National Agricultural Statistics Service (NASS) was canceling a key report and a yield survey. As Mark Oppold reports¸ some wonder what is next.
NMPF, IDFA Concerned with Final WIC Rule Reducing Access to Dairy
The dairy industry responds to a new WIC final rule. That’s coming up on This Land of Ours. The National Milk Producers Federation (NMPF) and the International Dairy Foods Association (IDFA) expressed disappointment in Tuesday’s final rule to update the Special Supplemental Nutrition Program for Women, Infants and Children, or WIC. The final rule maintains the proposed rule’s cuts to …
Not Much Change Expected in Corn and Soybean Futures
Corn and soybean futures haven’t seen much support lately, and according to Mark Oppold, a report this week is not expected to help much at all.
Keeping an Eye on Crude Oil Futures
Traders are keeping an eye on crude oil futures right now. Mark Oppold has a look at what is being recommended for on the farm fuel supplies.
Food Prices Halt Seven-Month Decline
Global food prices have dropped for the last seven months, but that may be slowing down. That’s coming up on This Land of Ours. The United Nations Food and Agricultural Organization’s Food Price Index was 118.3 points in March, up 1.3 points or 1.1 percent from its revised February level. The rise in prices was driven by higher price indices …
Farmer Sentiment Improves in March
The Purdue University/CME Group Ag Economy Barometer shows an improved outlook for U.S. farmers during March. The index rose to 114, a three-point increase over February. While the Index of Current Conditions fell by two points to 101, the Index of Future Expectations climbed to 120, up by five points compared to February. The disparity between the two was primarily …
Watching Oats for Long Term Direction
When it comes to long-term direction in the grain markets, many traders are watching what happens with oats. Mark Oppold explains why.