This week, many traders are keeping a close eye on Wall Street. Mark Oppold looks at what is coming up that may have an effect on the markets. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Despite Low Demand, Fertilizer Prices Remain High
Fertilizer prices remain higher despite agriculture being past the high-demand spring season. Josh Linville of StoneX told Agweb.com that multiple global factors are the reason prices have stayed high. Lower European production is the first reason as skyrocketing natural gas prices have cut EU production by 25 percent. Brazil is another reason as high costs have led to a decrease in …
Keeping an Eye on Crude Oil
Some traders are keeping a close eye on crude oil this week. Mark Oppold explains what has been transpiring lately and what some are looking ahead for. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farm Groups Want Changes to SAF Tax
Top farm groups want improvements in the administration’s sustainable aviation or clean fuel tax credit, shortcomings they say could put the benefits “out of reach for many farmers.” The American Farm Bureau, the American Soybean Association, the National Corn Growers Association, and the National Farmers Union wrote to the Department of the Treasury and the White House budget office, OMB. …
Cattle on Feed Report Preview
USDA will release their monthly Cattle on Feed Report this afternoon, and Mark Oppold has a look at the pre-report estimates. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Not Much Help for the Grain Trade
There hasn’t been much help for the grain markets. Mark Oppold looks at what traders are seeing. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Agricultural Land Values Still High
“Nothing short of exceptional.” That’s how Farmers National Company describes the agricultural land market over the last five years. According to the company, gains in value are prevalent across all classes of land in every region of the country. Strong commodity markets, moderate interest rates, buyer demand and an overall healthy agricultural economy have also supported the growth of land …
Economic Data Fueling Money Markets
Economic data and the idea of an interest rate cut coming in a couple of months have helped to fuel the money markets. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
RMA Continues Making Improvements for Specialty Crops
The USDA Risk Management Agency (RMA) continues making improvements for specialty crops. RMA Administrator Marcia Bunger says recent crop insurance changes give specialty crops some of the benefits that other crops have enjoyed for years. “There’s a number of crops that we have existing policies on, but never before have they been allowed to utilize Enterprise Units, which is something …
Hot, Dry Weather for Many Growing Areas
The weather forecast for many growing areas across the country is hot and dry this week. Mark Oppold looks at what that means for certain crops. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024