by Travis Martin | Mar 23, 2021 | Uncategorized
Surging demand and next-level lumber prices are leaving lumber producers and home builders in a bit of a conundrum. Lumber supply has plummeted due to sawmills’ pandemic precautions while home builders are ramping up production because of low home inventory and...
by Travis Martin | Mar 19, 2021 | Uncategorized
Talk to a U.S. row crop farmer today and you’re bound to hear stories about rocketship rides. But they won’t be talking about Elon Musk heading to Mars. Skyrocketing fertilizer prices are front and center as producers execute their spring fertility plans. Phosphate...
by Travis Martin | Mar 5, 2021 | Uncategorized
Oh, snap. With planting season just around the corner, farmers might be experiencing a bit of “sticker shock” when making their crop insurance decisions this month.Up, up, and away: According to ag economists, crop insurance prices have experienced the...
by Travis Martin | Feb 12, 2021 | Uncategorized
With all the hype leading up to Tuesday’s WASDE report, many market advisors summarized the update in one word: deflating. Record-setting sales to China in recent weeks led to speculation that big changes were on the horizon. But ultimately, the USDA didn’t make...
by Travis Martin | Feb 9, 2021 | Uncategorized
Producers received a mixed bag of projections last week from the USDA. By the numbers, 2021-style: $20.4 billion: The forecasted increase in cash receipts for commodities. $9.8 billion: The projected decrease in US net farm income. Cautiously optimistic: Commodity...
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