Wheat slipped lower last week as traders continue to show concerns about slow export demand. It was a short trading week, as the markets were closed Feb. 16 in observance of President’s Day. For the week ending Feb. 19, March Minneapolis lost 13 cents, March Chicago dropped 5.25 cents and March Kansas City gave back 17.75 cents.
WINNIPEG, Manitoba — The three different mustards have distinctly different markets.
Yellow is hot. Western Canadian farmers grew a larger crop last year than the year before, and most was yellow. Prices fell hard after harvest but have been on the upswing since, and new-crop prices are even higher. Trade is brisk. Farmers are selling and processors are busy. Yellow bids range between 33.5 to 36 cents per pound. Most, but not all, processors are buying.
TOWNER, N.D. — I once saw a “demotivational” poster that said, “Mistakes — it could be that the purpose of your life is only to serve as a warning to others.” Pretty inspirational, huh?
There have been times in my 23 years of post-college cattle ranching when I felt my marketing decisions were best used as a warning to others. Kind of a “whatever I do, do the opposite” piece of marketing advice for others.
WINNIPEG, Manitoba — Lentil markets remain red-hot. It’s a gift, considering the poor quality. The year started out looking heavy, with 2014 plantings way up from 2013, but it was a tough production year, both quantity and quality.
Building a world-class nitrogen facility goes beyond raising more than $2 billion in construction funds or obtaining all the local, state and federal permits that are needed and assure the plant’s safe operation.
For more than a year, the Des Moines Water Works has been warning every private farmer and public official in Iowa that it would sue anyone or any entity it deemed responsible for the dangerously high nitrate levels in the Raccoon River, a key source of the water it delivers to 500,000 people in and around Des Moines.
The wheat market finally was able to turn and post solid gains for last week. It seems like it has been since the middle of December that wheat has had a stronger week and all the news just seems to focus on the negative. Last week was the week that wheat said enough. For the week ending Jan. 5, March Minneapolis gained 22.25 cents, March Chicago was up 23 cents and March Kansas City gained 23.75 cents.
WINNIPEG, Manitoba — The prairie flax market, while maybe not on fire, is certainly strong.
Farmers are netting $14.50 freight on board pretty much everywhere with $15 per bushel available delivered Winkler, Manitoba. One caveat — quality matters.
KNOXVILLE, Tenn. — Remember what it was like as a child waiting for Christmas, summer vacation or the next day off school? The wait was long, and suddenly it was over in a flash.
Commodity programs in the 2012 to 2014 farm bills are much like that.
Daryll E. Ray and Harwood D. Schaffer
February 09, 2015
TOWNER, N.D. — I’ve always kept my hair pretty short. I was even born with short hair. Well, there was that one period of time, immortalized in my second-grade school photo, when I let my hair grow so long that it went over my ears. Hey, it was the 70s. Wild times.
View your ad here! Cost effective targeted advertising. Contextual advertising starting as low as $79/month. This includes targeted ad delivery and search results! Add your business to the Marketplace »