commodities

Soil Health With Monty’s: Getting Through Drought
Soil Health With Monty’s: Getting Through Drought
Soil Health With Monty’s: Getting Through Drought
Despite the recent rain and snow, the Pacific Northwest remains under drought. Dan PeHan, says there's a variety of ways Monty's Plant Food can help your commodities succeed under dry conditions. If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekmedia... Read More ...
CME Group Permanently Closing Physical Trading Pits
CME Group Permanently Closing Physical Trading Pits
CME Group Permanently Closing Physical Trading Pits
CME Group announced this week it will not reopen its physical trading pits that were closed last March due to the outbreak of the COVID-19 pandemic. This includes the trading pits for corn, wheat, soybeans and other ag commodities. Contracts for ag commodities will be traded only electronically ...
CoBank: Weak Dollar Benefits Commodities
CoBank: Weak Dollar Benefits Commodities
CoBank: Weak Dollar Benefits Commodities
The value of the U.S. dollar weakened substantially since March 2020 and is expected to experience modest deflation in 2021, making U.S. ag products more competitive globally. However, CoBank reports not all commodities are affected equally given the diversity in global export competition and foreign exchange rates ...
Experts Expect Down Farm Economy to Continue
Experts Expect Down Farm Economy to Continue
Experts Expect Down Farm Economy to Continue
A financial expert forecast to lawmakers Thursday the current agriculture economic conditions will continue.  During a Senate Agriculture Committee on the rural economy, Nathan Kauffman of the Federal Reserve Bank of Kansas City informed the committee that a farm crisis does not appear imminent, but there are still risks that could lead to more widespread challenges in the coming years.  ... Read
Northwest Commodity Results Mixed
Northwest Commodity Results Mixed
Northwest Commodity Results Mixed
According to Northwest Farm Credit Services, commodities across the Inland Northwest are showing mixed results at this point in the season.  Michael Stolp said the dairy market is uncertain, but recently improved.   "After increasing more than $2 per cwt between May and June, Class III milk prices created profit opportunities for Northwest dairy producers. Higher p...
Canada Farmland Prices Feeling Commodity Price Effects
Canada Farmland Prices Feeling Commodity Price Effects
Canada Farmland Prices Feeling Commodity Price Effects
The rise in Canadian farmland prices will slow in 2016, thanks in part of softer commodity prices.    Farm Credit Canada said growers should prepare for a possible easing in land values after prices rose at a slower rate in 2015.   Prices rose 10% in 2015, and should rise between 2-4% in 2016 thanks to ample supplies of grains and oilseeds pressuring commodity prices.   Lower comm...