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Category: A-AgFax News
Global Markets: Coarse Grains – U.S. Corn Exports at New High for 2020/21 Jun 18, 2021
The global corn market is supplied primarily by four countries – Argentina, Brazil, Ukraine, and the United States. Combined, these countries account for nearly 90 percent of global exports. This […]
Global Markets: Oilseeds – Rebound in Chinese Demand Adds to Price Strength Jun 18, 2021
Oilseed prices have risen dramatically over the past year, mirroring gains in corn and other grains over this period. While tight supplies precipitated by production shortfalls in corn and oilseeds […]
Ag Taxes: Looking Over the American Families Plan – DTN Jun 18, 2021
President Joe Biden and Congress have been actively pushing to tax the rich, but who are the rich? I think about this often and wonder how representatives in Washington, D.C., […]
Distiller’s Grains: Down on Corn, Soy Weakness, Lack of Buyers – DTN Jun 18, 2021
The DTN average price for domestic distillers dried grains (DDG) with all 40 locations reporting this week ended June 17 was $189 per ton, down $17 from one week ago. […]
DTN Fertilizer Trends: Slow March Higher Continues Jun 18, 2021
Retail fertilizer prices for the first full week of June 2021 are marginally higher. This marks the fourth straight week of slightly higher fertilizer prices. As has been the case […]
DTN Cotton Close: Market Finds Reverse, Ends Higher Jun 18, 2021
The cotton market was sharply higher Friday, nearly regaining its losses of Thursday. Thursday the market suffered a steep nosedive on the news the Fed was leaning towards increasing interest […]
DTN Grain Close: Quick Turnaround After Dumping Specs Thursday Jun 18, 2021
One day after heavy noncommercial selling took grain prices sharply lower, those same grains turned quickly higher Friday, taking back much of Thursday’ lost ground. It continues to be a […]
Eyeing USDA’s Budget Request – DTN Jun 18, 2021
Questions about the meat industry dominated a Senate Agriculture Appropriations Subcommittee hearing Tuesday at which Agriculture Secretary Tom Vilsack appeared in person to discuss the Biden administration’s budget request for […]
Rice Market Update: Iraq Changes Procurement Procedures Jun 18, 2021
Challenges abound in production for the domestic market, and for shipping logistics in the export market. For long grain in the south, non-stop rains and cloudy weather are drowning the rice […]
Corn, Soybeans: Chances of Lower Harvest Revenues in 2021 Jun 18, 2021
The harvest-time futures contracts for corn and soybeans continue to trade at levels well above those experienced since 2013. In a recent article (farmdoc daily, May 11, 2021), we used the farmdoc Price […]
