by Travis Martin | Feb 2, 2021 | Uncategorized
A small 2020 canola harvest combined with strong export demand has the canola market giving GameStop stock a run for its money. The March futures contract closed at $716/ton on January 27th, coming off a $75/ton rally and nearing a 12-year-high. Notably, canola...
by Travis Martin | Jan 29, 2021 | Uncategorized
Happy hour came early on Tuesday for Archer Daniels Midland with an epic 4th quarter earnings announcement.The U.S. agrigiant noted revenue jumping 10.1% to nearly $17.98 billion while profits soared +36%. A shaky 2020 ended on a high note for the company despite...
by Travis Martin | Jan 29, 2021 | Uncategorized
Grain bin manufacturers and contractors will be rolling up their sleeves for the foreseeable future.“On-farm storage demand is through the roof,” noted Nathan Luff, a Sukup/Brock dealer in Missouri. His take reflects industry vibes that demand this heavy hasn’t...
by Travis Martin | Jan 22, 2021 | Uncategorized
Cargill might need an extra shot of espresso in its morning brew to tackle its to-do list these days. But that comes with the territory when you’re one of the largest privately-held companies in the U.S.Lots of industry news has Cargill’s name floating into headlines....
by Travis Martin | Jan 19, 2021 | Uncategorized
Russia is scrambling to slow down rising food costs within its borders. Fueled by the combo of pandemic-related uncertainty and a drought-stricken wheat crop, Russia is grasping for anything to bring stability to its domestic food and grain markets. And last week, the...
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