Latest News From Davis Michaelsen

Mexico Says U.S. Playing Politics on GMO Corn | February 28, 2023
Mexico Says U.S. Playing Politics on GMO Corn | February 28, 2023

European bond yields climb, Russia cozies up to Chinese yuan and Germany detects ASF...

Friday Wrap Up | February 24, 2023
Friday Wrap Up | February 24, 2023

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Brazil Halts Beef Exports to China | February 23, 2023
Brazil Halts Beef Exports to China | February 23, 2023

Yellen wary of China's support for Russia, Eurozone inflation eases and China will exert more government control over finances...

Canadian Superpigs Threaten Northern U.S. | February 22, 2023
Canadian Superpigs Threaten Northern U.S. | February 22, 2023

Ukraine hopes to extend Black Sea export deal, Transportation Dept. pushes for safer rail cars and EU slashes gas demand...

P&K Prices on the Move
P&K Prices on the Move

Supply side fundamentals are influencing P&K prices as producers adapt to stay nimble amid market uncertainty...

Household Debt Skyrockets | February 17, 2023
Household Debt Skyrockets | February 17, 2023

GAO looks to bolster ag contribution to climate change fight, CFTC continues to struggle to release COT reports and egg prices reach record in January...

 Cash Cattle Battle Continues | February 16, 2023
Cash Cattle Battle Continues | February 16, 2023

Brazilian bean crop estimate cut, USDA outlays for ag in the next 10 years up 65% from previous and Emmanuel calls out China's balloon incursion...

U.S./China Tensions Fester | February 15, 2023
U.S./China Tensions Fester | February 15, 2023

Ukraine accuses Russia of delaying grain inspections, dray areas of Brazil weigh on crop prospects and India steps up soymeal exports...

Friday Wrap Up | February 10, 2023
Friday Wrap Up | February 10, 2023

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

anhydrous ammonia
Nitrogen Prices Fall but Risk is Real

Nitrogen prices are falling counter-seasonally but upside risk is building...

Cash Cattle Prices Surge | February 10, 2023
Cash Cattle Prices Surge | February 10, 2023

USTR requests explanation on Mexico's GMO science, China's CPI rises and Russia will slash oil production...

China Still Fuming Over Balloon | February 9, 2023
China Still Fuming Over Balloon | February 9, 2023

Biden Accused of Nordstream Sabotage, G7 states consider sanctioning technology companies supplying Russian military and egg prices begin to crack...

Ukraine Grain Exports Hampered by Logistics | Februay 8, 2023

Only minor adjustments expected in today's S&D Report, President Biden hopes to "finish the job," and feedlots may capture upper hand in cash cattle negotiations...

China, Brazil Sign MOA on Yuan Transactions | February 7, 2023
China, Brazil Sign MOA on Yuan Transactions | February 7, 2023

CFTC delays report after cyber attack, Mexico looks to avoid USMCA dispute and President Biden says downing the Chinese balloon has not hurt relations with China...

Monday Morning Wake Up Call | February 6, 2023
Monday Morning Wake Up Call | February 6, 2023

Wheat futures are higher to start the week with corn futures choppy and soybeans under pressure. Cattle futures are higher with lean hogs lower to start the week...

Friday Wrap Up | February 3, 2023
Friday Wrap Up | February 3, 2023

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

WOTUS Opposition Likely to Fail | February 3, 2023
WOTUS Opposition Likely to Fail | February 3, 2023

Economists expect non-farm payrolls added to shrink, UN Food Price Index falls and Economic aide exits Biden Administration...

Stabenow Protects Climate Funds for Ag | February 2, 2023
Stabenow Protects Climate Funds for Ag | February 2, 2023

StoneX forecasts record Brazilian crops, McCarthy made no promises in confab with Biden and potash inventories build...

Biden & McCarthy to Palaver Today | February 1, 2023
Biden & McCarthy to Palaver Today | February 1, 2023

Argy crop prospects continue to erode, traders expect 25 basis point increase from Fed and the U.S. cattle herd and calf crop at an eight-year low...

IMF Outlook Less Gloomy | January 31, 2023
IMF Outlook Less Gloomy | January 31, 2023

Argy rains stabilize crops, U.S. HRW wheat crop deteriorates in January and USDA expected to report cattle herd contraction...

Friday Wrap Up | January 27, 2022
Friday Wrap Up | January 27, 2022

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Cash Hog Index Posts Tepid Rise | January 27, 2023
Cash Hog Index Posts Tepid Rise | January 27, 2023

Domestic travel in China jumps, U.S., E.U. discuss Russian oil price cap and Thompson adds Feenstra to Ag Committee...

Iowa Confirms HPAI Detection | January 26, 2023
Iowa Confirms HPAI Detection | January 26, 2023

China increases corn in feed rations, U.S. money supply declines and Mosaic will not restart idled potash mine...

Treasury Dept. Continues Accounting Maneuvers | January 25, 2023
Treasury Dept. Continues Accounting Maneuvers | January 25, 2023

Germany, Poland and others will send tanks to Ukraine, USDA will release Cold Storage Report this afternoon and McCarthy will meet with Biden ahead of the State of the Union Address...

Cash Cattle Standoff to Continue | January 24, 2023
Cash Cattle Standoff to Continue | January 24, 2023

Trade officials unimpressed with Mexico's approach to biotech, McCarthy releases House panel roster and Cordonnier stands pat on Argy crop estimates...

U.S. Share of Chinese Soy Imports Slips | January 20, 2023
U.S. Share of Chinese Soy Imports Slips | January 20, 2023

Mixed messages on Global inflation, inflation firms in Japan and traders expect feedlot inventories to continue to fall...

Japan Posts Record Large Trade Deficit | January 19, 2023
Japan Posts Record Large Trade Deficit | January 19, 2023

The Treasury Department will take "special measures" to pay its bills, beef/pork ratio favors pork and Russia will raise soybean export tax...

WOTUS Rules in Federal Register | January 18, 2023
WOTUS Rules in Federal Register | January 18, 2023

Overseas investors buy Chinese bonds, EU consumer inflation softens and beef packers look for softer cash prices...

Post-report Surge Stalls | January 13, 2023
Post-report Surge Stalls | January 13, 2023

Chinese exports fall, trade panel supports Mexico and Canada against U.S. and Eurozone industrial production bests expectations...

Bevy of Reports Likey to Contain Suprise | January 12, 2023
Bevy of Reports Likey to Contain Suprise | January 12, 2023

South American crop forecasts fall, the EU expects a rise in wheat production and China's Consumer Price Index firms...

Bank Lending in China Rises | January 10, 2023
Bank Lending in China Rises | January 10, 2023

Cordonnier cuts Argy corn and soybean crop estimates, India expects record wheat crop and the House passes a rules package...

Food Price Index Drops | January 6, 2023
Food Price Index Drops | January 6, 2023

China to expand oilseed acreage, Australian wheat crop forecast at record levels and Eurozone inflation softens sharply...

Biden to Visit Border | January 5, 2023
Biden to Visit Border | January 5, 2023

Argy soybean sales lag year-ago, China releases COVID data and USDA to announce funding to increase packing capacity...

Wheat Crop Conditions Decline | January 4, 2023
Wheat Crop Conditions Decline | January 4, 2023

WHO meets with Chinese scientists as a new COVID variant emerges in the U.S., French and German inflation softens and McCarthy fails to secure votes...

EPA to Release WOTUS Rules | December 30, 2022
EPA to Release WOTUS Rules | December 30, 2022

Markets and government offices will be closed Monday, some EV imports will qualify for tax credits and da Silva appoints new Brazilian Ag Minister...

U.S. Imposes Restrictions on Travelers from China | December 29, 2022
U.S. Imposes Restrictions on Travelers from China | December 29, 2022

Manufacturers move production away from China, Indonesia delays 35% blend rate and gold purchases this year were the highest since 1967...

Supreme Court Votes Status Quo on Border | December 28, 2022
Supreme Court Votes Status Quo on Border | December 28, 2022

Chinese hospitals strain under surge in COVID cases, ING predicts $100+ crude in 2023 and insurers work to manage Black Sea risk...

Defense Bill Ends Vaccine Mandate | December 16, 2022
Defense Bill Ends Vaccine Mandate | December 16, 2022

Indonesia will increase bio-diesel blend, Argy farmers falling behind planting soybeans and the Senate has passed a short-term spending bill to fund the government...

Chinese North Dakota Corn Plant Gets Green Light | December 15, 2022
Chinese North Dakota Corn Plant Gets Green Light | December 15, 2022

J. P. Morgan raises China economic forecast, House passes short-term funding bill and Argy crop forecasts fall...

China Stalls Economic Summit | December 13, 2022
China Stalls Economic Summit | December 13, 2022

Ukraine Grain Traders Union looks to bolster electricity supply, Congress pushes for budget extension and Cordonnier cuts Argy crop estimates...

Chinese Factory-gate Prices Decline | December 9, 2022
Chinese Factory-gate Prices Decline | December 9, 2022

Erdogan will work to smooth Black Sea grain export deal, Chinese hog futures tank and France boasts excellent wheat crop...

Conab Forecasts Record Brazilian Crops | December 8, 2022
Conab Forecasts Record Brazilian Crops | December 8, 2022

October beef exports reach record high, Canada will curtail fiscal tightening and Putin calls Ukraine incursion a success...

USDA Pilots Cattle Contracts Library | December 7, 2022
USDA Pilots Cattle Contracts Library | December 7, 2022

Logistics hamper Chinese imports, EU to require environmental due diligence papers and Warnock bests Walker in runoff election...

Argy Crop Conditions Decline | December 6, 2022
Argy Crop Conditions Decline | December 6, 2022

Models suggest ENSO-neutral conditions ahead, Newsome moves to limit refiner profits and boxed beef prices Soften...

Washington Spurns Amazon Deforestation | November 23, 2022
Washington Spurns Amazon Deforestation | November 23, 2022

Markets will be closed tomorrow, investors expect rail dispute will not result in strike and the U.S. and allies look to cap Russian oil export price...

Beijing Back on Lockdown | November 22, 2022
Beijing Back on Lockdown | November 22, 2022

Analysts predict a fall in Chinese oil demand, rail workers reject labor deal and USDA will release Cold Storage Report...

Monday Morning Wake Up Call | November 21, 2022
Monday Morning Wake Up Call | November 21, 2022

Corn, soybeans and wheat futures were lower overnight with cattle higher and hogs under light pressure.

EU Likely to Raise Rates | November 18, 2022
EU Likely to Raise Rates | November 18, 2022

Argentina slashes wheat crop forecast, rail labor negotiations continue and watchers expect lower than year-ago numbers in Cattle on Feed Report...

Russia Agrees to Extend Export Deal | November 17, 2022
Russia Agrees to Extend Export Deal | November 17, 2022

Goldman Sacs raises Fed rate ceiling, Eurozone inflation continues to firm and China sells all state-owned wheat supplies put up for auction...

McCarthy Wins Early Speaker Vote | November 16, 2022
McCarthy Wins Early Speaker Vote | November 16, 2022

Poland blames Ukraine for wayward missile, OMB schedules meetings on RVO requirements and Yellen met with Chinese counterpart...