Futures Prices Versus Acreages – A Statistical Perspective

By Adam Graves, Global Risk Management Inc. A variety of factors may impact a producer’s decision to plant one crop versus another. Crop rotation, soil makeup, and several other environmental elements can certainly be influential in this choice, as can other determinants. In a season where ending stocks of corn and soybeans are projected to  Continue Reading »

U.S. Beef Production has Benefitted Significantly from Higher Fed Cattle Weights: Will the Party End Soon?

By Michael Irgang, Global Risk Management Inc. The U.S. beef industry faced widely publicized production challenges in 2020, largely due to COVID-19-related issues at the packing plants. One positive for U.S. beef production was elevated dressed weights for fed cattle coming off of feedlots to be marketed to packing plants. While total cattle slaughter for  Continue Reading »

All Eyes on the USDA’s January Reports

By Brian Harris, Global Risk Management Inc. The USDA will release several reports on Tuesday, January 12th that have the potential to influence grain prices for the next few, if not several months. The main area of focus will be on the changes to the 2020/2021 ending stocks projections for the soybean and corn markets  Continue Reading »