Markets - General
U.S. farmers are facing a changing scenario this year. From wet conditions impeding planting in 2020, to now drought concerns creeping in, one analyst thinks weather could be a major market mover in 2021.
U.S. data shows COVID-19 infection rates are now down to levels not seen since early fall, a sign economic recovery could also take shape. As more consumers venture out to restaurants, it could also help meat demand.
USDA’s Ag Outlook Forum painted a brighter forecast for corn demand this year. While USDA does expect a 7% increase in production, the agency is also forecasting an increase in domestic use, as well as exports.
The USDA February WASDE report released Tuesday revealed expectations for higher beef production this year, a projection the agency says is driven by beefed up cattle slaughter and heavier weights.
With the run-up in stock prices for GameStop, AMC and others, could corn, soybeans or cattle be next? Listen to what Tommy Grisafi of Advance Trading had to say about it on U.S. Farm Report this weekend.
As China builds its domestic stocks of protein like pork, there are fears the country may view its supplies as ample in the second half of 2021. That could put more pressure on domestic demand to carry prices.
Strong global, domestic demand provides a bright spot for U.S. grain.
The fire at a Tyson beef packing plant in August sparked an explosive reaction in the markets, but was it basic economics that drove prices or something else? Three economists weight in.
2020 Democrats try to make inroads in rural America 2020 Democrats try to mak
Beans were down for the week, off new highs but closing lower than a week ago which gave us some technical signals. That’s important says Jerry Gulke, president of the Gulke Group, here’s why.
While corn, soybeans and wheat have seen some slight rallies in the last few years, prices have stayed relatively low. Record- or near record-breaking crops year after year hasn’t been much help to the price picture.
COVID-19 outbreaks are increasing governments’ food-security concerns, and importers need U.S. corn and soybeans for the first time in a long time to meet demand.
COVID-19, freeze risks, USDA report and government influence on agriculture are all weighing on the markets this week.
The latest Cattle on Feed report from the USDA was considered to be bearish by analysts. Now traders are looking at whether futures markets can find a way to hold on to current prices.
