According to the latest data from the Association of Equipment Manufacturers (AEM), total farm tractor unit sales in the U.S. turned positive in June for the first time in 2023. Sales were led by continued strength in large tractors and combines. Gains in the U.S. market were led by 100+hp 2WD units, up 25.4 percent, closely followed by 4WD units …
Grain Trade Tracking Reports and Weather
Keeping up with the latest reports and of course the weather is top of mind right now for grain traders. Mark Oppold explains how those two factors could affect their actions. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Canned, Frozen Corn Industry Struggling
Part of the corn industry is struggling and it may affect grocery store shelves. That’s coming up on This Land of Ours. For those whose primary experience with corn is the butter-drenched cob variety, it might come as a surprise that other forms of sweet corn are in trouble. A new University of Illinois Urbana-Champaign analysis shows sweet corn production …
Volatility in the Grain Trade Expected to Continue
Volatility in the gran trade is expected to continue for a little while longer Mark Oppold has the story. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
First Half of Year Good for Wall Street
The first half of 2023 was overall a good one for Wall Street. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
May Cotton Consumption Was Lowest on Record
A new report shows that cotton consumption this past May was the lowest on record. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Increase in Peanut Acreage Could Decrease Prices
The recent crop acreage report from USDA did show an increase in peanut acreage this year. But, as Tyron Spearman reports, that could mean a decrease in prices. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmer Sentiment Rebounds on Future Optimism
Purdue University/CME Group’s Ag Economy Barometer Index rose 17 points in June to a reading of 121. The upswing in farmer sentiment was driven by producers’ more optimistic view of the future. However, their perception of current conditions remained unchanged from May. The Index of Future Expectations rose 25 points to 123, while the Index of Current Conditions held flat …
Smaller Soybean Crop Has Traders Re-aligning Strategies
Due to USDA’s plantings report showing a smaller soybean crop this year, traders are now re-aligning their strategies. Mark Oppold has more information. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Questioning the Grain Trade Pullback
There are many questioning the recent pullback in the grain trade. Mark Oppold reports it is hard to understand the bullishness being found right now. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024