The University of Missouri’s Food and Agricultural Policy Research Institute (FAPRI) recently released its 2024 Baseline Update for U.S. Agricultural Markets. Increased supplies, a strong dollar, and several other factors have caused prices for multiple agricultural commodities to fall sharply from their 2022 peak levels. In the absence of new shocks to the weather, the macro-economy, or policy, projected prices …
Opposing Views of USDA September Net Farm Income Report
There are some opposing views of the USDA’s September Net Farm Income Report. That’s coming up on This Land of Ours. Administrator of USDA’s Economic Research Service, Spiro Stafanou, says despite a forecast calling for lower farm incomes this year, the financial health of the farm sector is still strong. “It comes to the balance sheet for the ag sector. …
Traders Interested in New Jobs Numbers
The new jobs numbers report comes out today. Mark Oppold notes many people will be looking at where those numbers come in. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Traders Looking at Early Crop Estimates, Cattle Weights
Many grain traders are already looking over some of the early crop production estimates. Mark Oppold has more on that, along with a look at cattle weights kicking off the month of September. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Soybean Export Sales Drop Sharply, but Rebound Coming
Global demand for U.S. soybeans has fallen sharply as international buyers remain discouraged by the strong dollar, slowing economic growth, and uncertainty over the direction of U.S. trade policy in an election year. Export sales of new-crop soybeans are historically low as the 2024-2025 marketing year begins on September 1. A new report says tailwinds could emerge to rejuvenate demand …
Various Issues Being Tracked by Agricultural Traders
There are various issues being tracked by agricultural traders this week. Mark Oppold looks at what those are. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
August Ag Economy Barometer Drops 13 Points
The August Purdue University/CME Group Ag Economy Barometer dropped 13 points from July to a reading of 100, echoing levels seen from fall 2015 to winter 2016 during the early stages of a significant downturn in the U.S. farm economy. The Index of Current Conditions dropped 17 points to 83, while the Index of Future Expectations decreased by 11 points to 108. …
August a Tough Month for Agricultural Futures
August was a tough month for man of the agricultural futures. Mark Oppold looks at how some of the commodities have performed so far this year. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Possible Fireworks in the Grain Trade
Today is first notice day for September grain futures. And as Mark Oppold reports, a combination of things taking place all at the same time could lead to a few fireworks in the trade today. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
First Notice Day for September Grain Futures
Friday is first notice day for September grain futures. Mark Oppold looks at what many traders are expecting. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024