Insights and Stories on Plains

Dec. 18, 2019 at 4:54 pm CST

MarketsFarm — While optimism towards the ‘Phase One’ trade deal between the U.S. and China has continued, its initial impact on the Chicago Board of Trade (CBOT) has diminished, according to one trader. “I think the biggest thing is everyone is on hold wondering, is it real? The actual terms […]

By Glen Hallick - MarketsFarm

Nov. 13, 2019 at 2:26 pm CST

MarketsFarm — With a significant amount of corn still in the fields on the U.S. northern Plains, the harvest may be grinding to a halt, according to MarketsFarm analyst Bruce Burnett. In particular, Burnett noted, the corn harvest has been further slowed by a propane shortage, which has caused issues […]

By Glen Hallick - MarketsFarm

Nov. 13, 2019 at 2:16 pm CST

MarketsFarm —The U.S. Department of Agriculture (USDA), in its oilseed crops outlook issued Wednesday, said the country’s 2019 soybean harvest will wind up the latest in 10 years. As of Sunday, the overall U.S. soybean harvest stood at 85 per cent complete, according to USDA’s weekly crop progress report. The […]

By Glen Hallick - MarketsFarm

Sep. 24, 2019 at 4:48 pm CDT

Chicago | Reuters — MGEX spring wheat futures rallied for the fifth day in a row on Tuesday as farmers harvesting in the northern U.S. Plains found that wet conditions had lowered the quality of the crop there. “They are talking about protein levels really taking a hit with the […]

By Mark Weinraub

Sep. 20, 2019 at 7:03 pm CDT

Chicago | Reuters — Excessively wet conditions in the northern U.S. Plains and Canadian Prairies have hurt the quality of the region’s spring and durum wheat crops, potentially tightening supplies of top grades of the grains, handlers and agronomists said. Rains and heavy dew have slowed the harvest and, worse, […]

By Julie Ingwersen