There were representatives from the malting barley and sunflower industry at the meeting. This supports the idea that the "minor" crops are engaged in watching the collapse of the "major" crop prices and are trying to decide at what price level they should introduce 2015 crop contracts.I spoke at a farm meeting in central North Dakota last night and came away with several observations that are worth noting:
The meeting was packed despite the fact there were two baseball playoff games and a Minnesota Vikings football game on television as well as scattered harvesting and fieldwork happening in the area. Low prices create more attention and interest than high prices. There were representatives from the malting barley and sunflower industr...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...