Market Matters Blog
Katie Micik DTN Markets Editor

Monday 03/02/15

Great Lakes Nearly 88% Covered in Ice
West Coast Ports Trying to Recover From Nine-Month Labor Dispute[Read Full Blog Post]
Posted at 12:09PM CST 03/02/15 by Mary Kennedy | Post a Comment
Comments (14)
Must be that global warming problem. Water must be freezing at a higher temperature these days.
Posted by Bonnie Dukowitz at 4:37AM CST 03/03/15
Bonnie, Take a deep breath. Nobody is going to force science upon you.
Posted by Don Thompson at 10:34AM CST 03/03/15
Only 20 some degrees below normal here this A.M. No fictional science book, just plain reality.
Posted by Bonnie Dukowitz at 8:15AM CST 03/04/15
I don't know if you noticed Don but the world for climate deniers is very small, they don't understand that every year the worlds temperature is rising because where they live its cold. If you deny science you also seem to deny geography.
Posted by Jay Mcginnis at 9:39AM CST 03/04/15
I was curious how the temps in Europe and Asia were, relative to the average this winter.
Posted by TOM DRAPER at 12:40PM CST 03/04/15
Europe--particularly northern Europe--was very warm in February. The NOAA February Global Climate Report notes that "...many areas of Finland observed February temperatures six to eight degrees Celsius (11-14 Fahrenheit) above average, with some regions in the north more than nine deg C or 16 F above average. For central and northern Finland, it was the second warmest February in the 115-year period of record, behind only 1990. The February temperature for Norway was six degrees C (11 F) higher than the 1981-2010 average, the second warmest February on record, also behind 1990. The nationally-averaged temperature for Germany was 3.4 deg C (6.1 F) above the 1981-2010 average, marking the sixth warmest February since national records began in 1881."
Posted by Bryce Anderson at 3:22PM CST 03/04/15
The NOAA report also depicts western and central Asia as below normal on temperatures for February. For Arctic sea ice, the volume was six percent below the 1981-2010 average and is the fourth-smallest volume area logged since satellite records began in 1979.
Posted by Bryce Anderson at 3:28PM CST 03/04/15
Was the difference in temps in Asia near the difference in temps from Europe? Thanks again for your info.
Posted by TOM DRAPER at 5:25PM CST 03/04/15
-26 degrees here this A.M. Most people, I think, living in reality, are knowledgeable of and accept their duty to live within limits. This does not make them a denier. This makes them a realist. Why is it, with all of the records I read about, do the statistics seldom indicate the warmest, or coldest, or driest, or wettest? Bryce's contribution pertaining to Germany indicates only the sixth warmest Feb. since 1881. While 6.1 degrees F. is quite a bit, it is still not the warmest.
Posted by Bonnie Dukowitz at 8:26AM CST 03/05/15
was it fossil fuel causing warming way back when or what? some records before cars.
Posted by MONTE ARCHER at 8:48AM CST 03/05/15
Responding to Tom Draper---USDA's Weekly Weather and Crop Bulletin issued March 3 has a summary of February 2015 temperatures for international stations--and it appears that western and central Asia joined northern Europe in the above-normal temperature trend. Every Russia station tracked was above normal--including St. Petersburg in the west with 5.1 deg C above normal and Yekaterinburg in the middle of the Eurasian continent with 5.8 deg C above normal. To put those into perspective on an everyday basis in the U.S.--the St. Petersburg departure from normal is 9.18 degrees Fahrenheit for the entire month and the Yekaterinburg temperature is 10.44 degrees Fahrenheit above normal. That is a huge leap to the warm side.
Posted by Bryce Anderson at 9:31AM CST 03/05/15
If you deny climate change, you are an idiot. It always has, always will. Pollution is an inefficiency. Human innovation in economic terms abhors inefficiency. Those that use climate change to push an agenda in any other manner then to make change for the human condition better are inherently flawed, and I myself want to see everyone of them out in the open.
Posted by Brandon Butler at 9:45AM CST 03/05/15
If one runs the numbers, would it not be 49 1/2 per cent of the time the averages are above normal and 49 1/2 percent below normal, except for the one out of a hundred? Then, of course, is the debate on statistics, written about in another blog.
Posted by Bonnie Dukowitz at 2:38PM CST 03/05/15
Thank you Bryce, that bulletin was helpful and interesting. While most of the country is much below normal, Alaska is much warmer than normal. It would be helpful if that type of info (the actual numbers) on global temps were as easy for us farmers to monitor as the markets are.
Posted by TOM DRAPER at 9:00PM CST 03/05/15

Monday 02/23/15

Canadian National Railroad Reaches Last Minute Deal With Unifor
West Coast dockworkers and their employers reached a tentative agreement Friday.[Read Full Blog Post]
Posted at 1:35PM CST 02/23/15 by Mary Kennedy | 0 Comments | Post a Comment

Monday 02/16/15

White House Sending U.S. Labor Secretary Perez to Referee Port Disputes
Talks between West Coast port workers and employers have stalled and the White House will be sending U.S. Labor Secretary Thomas Perez to intervene.[Read Full Blog Post]
Posted at 10:42AM CST 02/16/15 by Mary Kennedy | Post a Comment
Comments (1)
The N.West ports became successful when the Millers went on strike at the Twin Ports at on Lake Superior. The problem might cure itself.
Posted by Bonnie Dukowitz at 1:45PM CST 02/21/15

Monday 02/09/15

"Do or Die" for West Coast Labor Talks
29 ports temporarily suspend weekend vessel operations, labor talks are ongoing to resolve months-long problems at West Coast ports.[Read Full Blog Post]
Posted at 12:44PM CST 02/09/15 by Mary Kennedy | 0 Comments | Post a Comment

Thursday 02/05/15

A Pensive Moment in the History of Pit Trade
It's sad to say that everyone saw it coming. Sooner or later, the pits would close.[Read Full Blog Post]
Posted at 3:44PM CST 02/05/15 by Katie Micik | Post a Comment
Comments (1)
I happy to have had my 30 minutes on the floor 10 years ago it's a memory I'll never forget. I remember my heart just keep beat faster as I stood there.
Posted by Unknown at 7:53PM CST 02/08/15

Tuesday 02/03/15

Labor Dispute Gets Meaty
A labor dispute at West Coast ports is rippling through supply chains, and meat exports may take a big hit from the delays.[Read Full Blog Post]
Posted at 2:54PM CST 02/03/15 by Katie Micik | 0 Comments | Post a Comment

Monday 01/26/15

Industry Facing Shortage Up to 30,000 Drivers
The U.S. trucking industry is seeing a severe shortage of drivers nationwide, according to industry representatives.[Read Full Blog Post]
Posted at 11:18AM CST 01/26/15 by Mary Kennedy | Post a Comment
Comments (7)
When ever and where ever any bad news occurs, are truckers, like farmers, not assumed to be guilty? Then impossible to prove innocent. Check out some of the criminal charges of negligent homicide, etc.
Posted by Bonnie Dukowitz at 11:52AM CST 01/27/15
Why do you think there is a shortage with truckers? Welfare and unemployment benefits are better than working for a living. When we have a government handing out money why would people work? Not hard to figure that problem out.
Posted by DAVID/KEVIN GRUENHAGEN at 9:21AM CST 01/28/15
With the slowdown in the Bakken there should be quite a few truckers looking for work. At least until the oil prices go back up again.
Posted by CRAIG MOORE at 1:08PM CST 01/28/15
Think again, CM. The unemployment benefits are too great and too long. Call me what you like, but if a check comes in the mail or direct deposited, I'll spend it. Why dry truck, milk cows, flip burgers or other, if one can milk the government?
Posted by Bonnie Dukowitz at 2:10PM CST 01/28/15
we need stop making jobs and make people that will work its sad all the jobs and no worker. the government can not see what there doing they want votes
Posted by Unknown at 7:41AM CST 01/29/15
New commercial truck driver applicants would need to pass a drug and alcohol test just like train and plane operators or members of the military. Good luck with that. The majority of American youth do not qualify for military service because of drugs. Bad government, maybe, bad parenting, definitely.
Posted by Don Thompson at 8:45AM CST 01/29/15
Being involved with class 8 transportation for 3 plus decades the industry has failed to recognize the most important asset of good reliable drivers and continue to dilute the profession with laws like 70 hour rules, being absent from home for weeks at a time and the so called "boss " that has never spent 15 minutes behind the wheel. Having a truckers - ATA - convention to hand wring out the wonder why's display's the mindset of an industry plagued with an over abundance of experts dreaming up unrealistic gimmicks and now are reaping what they have sown. Sincerely - Dan Waldow
Posted by Unknown at 1:16PM CST 01/29/15

Monday 01/19/15

West Coast Ports Suffering Slowdowns, Work Stoppages
The ongoing labor contract dispute between the Pacific Maritime Association and the International Longshore and Warehouse Union is affecting service at several West Coast ports, according to trade sources[Read Full Blog Post]
Posted at 12:16PM CST 01/19/15 by Mary Kennedy | 0 Comments | Post a Comment

Monday 01/12/15

Proposal Would Make Weekly Reporting Permanent
Weekly service performance reports from railroads may become a permanent requirement following a recent decision by the Surface Transportation Board.[Read Full Blog Post]
Posted at 12:00PM CST 01/12/15 by Mary Kennedy | 0 Comments | Post a Comment

Tuesday 01/06/15

Railroads Getting Better Grades for Service
Railroads are getting better grades for service than they did last year and more grain and other commodities seem to be moving on 100-car-unit trains.[Read Full Blog Post]
Posted at 1:11PM CST 01/06/15 by Mary Kennedy | 0 Comments | Post a Comment

Wednesday 12/31/14

Railroads Pick Up Steam
Railroads are reporting fewer delays thanks to good weather and less grain movement. Meanwhile, the ongoing labor dispute in the West Coast appears to still be far from reaching a resolution.[Read Full Blog Post]
Posted at 2:47PM CST 12/31/14 by Mary Kennedy | 0 Comments | Post a Comment

Monday 12/22/14

Railroads Performing Better Due to Mild Weather, More Locomotives
The Senate on Dec. 16 approved a 9-cent-per-gallon increase in the barge diesel fuel user fee, which is expected to generate additional revenue annually to aid in the renovation and modernization of the country's inland waterways infrastructure.[Read Full Blog Post]
Posted at 12:44PM CST 12/22/14 by Mary Kennedy | Post a Comment
Comments (1)
really another railroad blog? What about a story about how far off USDA was on yield in 2014.Our local elevator has shipped most of it's corn to Canada already and it's not even the end of the year yet.Have heard of talk from guys in Ill. that they had normal yields.They said 250 bu. is normal for them nothing not records.
Posted by Raymond Simpkins at 8:21AM CST 12/30/14

Friday 12/19/14

Informa: Beans Acres Exceed Corn Acres
Private analytical firm Informa Economics sees farmers planting more soybean acres than corn acres next year for the first time since 1983.[Read Full Blog Post]
Posted at 11:20AM CST 12/19/14 by Katie Micik | 0 Comments | Post a Comment

Monday 12/15/14

Logistic, PNW Labor Issues Hurting Business
Logistic issues and an ongoing labor dispute in the Pacific Northwest are affecting imports and exports of all containerized commodities, according to commodity industry representatives.[Read Full Blog Post]
Posted at 11:20AM CST 12/15/14 by Mary Kennedy | 0 Comments | Post a Comment

Monday 12/08/14

Milder Weather, Lower Freight Volumes Allow Railroads to Boost Performance
Milder weather and lower freight volumes have helped improve railroad service across the country, according to railroad company reports.[Read Full Blog Post]
Posted at 10:31AM CST 12/08/14 by Mary Kennedy | 0 Comments | Post a Comment
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