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Foundational markets for U.S. pork export growth

The National Pork Board sees Central America, the Caribbean, and Africa as foundational markets for U.S. pork export growth. NPB vice president of international market development Courtney Knupp says Guatemala, Honduras, El Salvador, and the Caribbean present a lot of opportunity. “One, they’re close... Read More.

Midday cash livestock markets

Direct cash cattle trade activity has picked up with a handful of deals reported in Kansas at $185.  Live bids in other parts of the south are at $184 to $185 and in the North at $296 dressed.  More trade may develop as... Read More.

Emerging Markets for U.S. Soy in Southeast Asia

Global demand for protein has increased more than 250% since 1990, and the Iowa Soybean Association says that’s in part thanks to farmer-led efforts and their checkoff investment. On this week’s episode of Seeds of Success, an ISA leader says a great example of... Read More.

Lawmakers ask USTR to open biofuel markets

Midwest lawmakers in the U.S. House of Representatives sent letters to the Biden administration this week asking for expanded market access for U.S. biofuels and continued engagement with Brazil on its import tariff for U.S. ethanol. Brazil’s import tariff on U.S. ethanol has been... Read More.

Global dairy markets should support U.S. prices

A USDA dairy economist says limited global milk production should support prices this year. Micheal McConnell with the World Ag Outlook Board says milk production in the U.S. is expected to grow at a slower pace this year as Europe and New Zealand contract. “But... Read More.

CME milk futures, cash dairy markets down Wednesday

Milk futures were lower and the cash dairy markets were lower except for butter Wednesday on the Chicago Mercantile Exchange.  February Class III milk was down $0.03 at $16.16.  March was down $0.41 at $17.02.  April was down $0.37 at $17.30.  May was down $0.26 at $17.66.   June through... Read More.

Carryover impacting markets, planting intentions

A market advisor says some U.S. farmers are considering planting changes. Mike North from says old crop supplies will influence those possible changes. “Corn stocks are very heavy. Bean stocks are relatively light, which keeps a little bit of value in... Read More.

Weather markets

Depressed corn prices are a concern, with many farmers wondering what could move the market higher. Analyst Jeff Peterson with Heartland Farm Partners says weather in Brazil and Argentina could be supportive in the weeks and months to come.  ...

New trade deals are important for growing beef markets

A cattle producer from western Nebraska says new trade policy is important to grow demand for U.S. beef. “There’s no ceiling right now in the beef export market right now.” Jaclyn Wilson, the chair of the international trade committee at the National Cattlemen’s Beef Association,... Read More.

Geopolitics influencing grain markets

Geopolitics continue to influence grain markets. Glenn Wachtler with Compeer Financial’s Grain Team says ongoing conflicts in the Black Sea region and Middle East can spark price volatility at any moment. “The worldview geopolitical situation is really like a pot that’s simmering, and we hope... Read More.

USDA says dairy markets impacted by weather

The USDA says winter weather impacted some dairy markets during the past week. The Agricultural Marketing Service’s latest report says the winter weather affected dairy operations in eastern states, and some milk intended for Class III cheese processing were redirected into bottling for grocery... Read More.