Market Matters Blog
Katie Micik DTN Markets Editor

Friday 05/29/15

USDA: Ag Exports at $140.5 Billion
USDA's latest forecast for agricultural exports in fiscal 2015 shows a $12 billion year-over-year decline to $140.5 billion, which is the third highest on record but the lowest estimate since 2012.[Read Full Blog Post]
Posted at 10:54AM CDT 05/29/15 by Katie Micik | 0 Comments | Post a Comment
 

Monday 05/18/15

ATA Reports Trucking Revenues Grow in Spite of Shortage
The U.S. trucking industry is short of drivers, and the problem is likely to get significantly worse over the next decade, according to a recent University of Tennessee report.[Read Full Blog Post]
Posted at 12:23PM CDT 05/18/15 by Mary Kennedy | Post a Comment
Comments (2)
The shortage is not just in transportation. Why should people even attempt to work when S.S. Disability and welfare benefits seem to pay more than working for a living.
Posted by Bonnie Dukowitz at 5:35AM CDT 05/22/15
Many farmers in my area have chosen to buy their own semis for hauling their grain. The ability to haul grain directly to ethanol plants bypassing grain merchandisers at $200.00 a load that can easily equate to an extra 10 to 20 thousand dollars a year in added profits. Not losing valuable harvest time waiting for coop trucks is another incentive. As for corporate companies , the shortage of drivers wasn't created by a lucrative welfare system but as the article points out it was by the inability, or choice of corporations not to pay a suitable wage for a valuable service rendered by today's drivers.
Posted by Mike Durey at 6:51PM CDT 05/25/15
 

Monday 05/11/15

Railroads, Shippers Weigh in on Making Weekly Reports Permanent
Debate over how transparent railroad companies should be about their service performance continues as the Surface Transportation Board weighs whether to make weekly reports by Class I carriers a permanent requirement.[Read Full Blog Post]
Posted at 10:56AM CDT 05/11/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 05/04/15

U.S. River Levels Improving
Lower Mississippi River levels are falling slowly but are still high, so safety protocols are in place and will likely remain in place for the balance of May.[Read Full Blog Post]
Posted at 11:59AM CDT 05/04/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Wednesday 04/29/15

New Daily Price Limits Effective May 1
New daily prices limits for some grain and oilseed products go into effect on the May 1 trading day.[Read Full Blog Post]
Posted at 3:00PM CDT 04/29/15 by Katie Micik | 0 Comments | Post a Comment
 

Monday 04/27/15

Better Weather, Lower Grain and Oil Prices, More Power Help Railroads Improve Service
Milder weather, lower prices for grain and oil and more locomotives have helped railroads improve placement of railcars this spring.[Read Full Blog Post]
Posted at 11:01AM CDT 04/27/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 04/20/15

Grain Shipping Season Begins in Duluth-Superior
As of mid-April, high water conditions on the Ohio River and Lower Mississippi River (LMR) continue to affect navigation conditions, reducing tow sizes and delaying transit times.[Read Full Blog Post]
Posted at 11:38AM CDT 04/20/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 04/13/15

Port of Portland Loses More Business
The Port of Portland lost a second major container shipping company, Hapag-Lloyd, at the end of March. The first was Hanjin Shipping Co., which accounted for 78% of the port's business. The news is not good for shippers who relied on the Port of Portland to ship, among other things, agriculture products.[Read Full Blog Post]
Posted at 10:57AM CDT 04/13/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 04/10/15

Sorghum S&D Shake-Up
Farmers outside of traditional sorghum growing areas are considering adding acres to the mix this year as demand from China changes the supply and demand picture.[Read Full Blog Post]
Posted at 4:03PM CDT 04/10/15 by Katie Micik | 0 Comments | Post a Comment
 

Monday 04/06/15

Will China Import More Corn?
Brian Lohmar, the U.S. Grains Council's China Director, attempts to answer one of the most prescient questions in the grain markets: Will China import more corn?[Read Full Blog Post]
Posted at 12:40PM CDT 04/06/15 by Katie Micik | Post a Comment
Comments (1)
How can China just cancel an order then buy more when the price drops?
Posted by FRANK FULWIDER at 12:55PM CDT 04/10/15
 
Truck Driver Shortage
A shortage of qualified truck drivers and more government regulations will affect grain movement on the road. Truck owner-operators will be affected, but farmers will suffer as well due to higher freight costs, which will hurt their bottom line.[Read Full Blog Post]
Posted at 10:58AM CDT 04/06/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 04/03/15

U.S. Dollar Takes a Break
The conversation around the U.S. dollar changed this week, a bit of bullish relief for grain prices.[Read Full Blog Post]
Posted at 11:07AM CDT 04/03/15 by Todd Hultman | 0 Comments | Post a Comment
 

Monday 03/30/15

Lock and Dam 2 Welcomes First Barge
Some points on the grain shipping system are less frozen than they were last year; some are not. The first barge has moved through Lock and Dam 2, but Duluth has yet to see its first ocean-going vessel.[Read Full Blog Post]
Posted at 11:15AM CDT 03/30/15 by Mary Kennedy | 0 Comments | Post a Comment
 
Lock and Dam 2 Welcomes First Barge
Some points on the grain shipping system are less frozen than they were last year; some are not. The first barge has moved through Lock and Dam 2, but Duluth has yet to see its first ocean-going vessel.[Read Full Blog Post]
Posted at 11:14AM CDT 03/30/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 03/23/15

West Coast Port Tension Still Simmering
The International Longshore and Warehouse Union plans to hold a caucus sometime during the week of March 30 during which 90 union delegates will decide whether to recommend a tentative agreement on a new five-year contract covering workers at all 29 West Coast ports for consideration by the union's full membership.[Read Full Blog Post]
Posted at 11:42AM CDT 03/23/15 by Mary Kennedy | 0 Comments | Post a Comment
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Recent Blog Posts
  • USDA: Ag Exports at $140.5 Billion
  • ATA Reports Trucking Revenues Grow in Spite of Shortage
  • Railroads, Shippers Weigh in on Making Weekly Reports Permanent
  • U.S. River Levels Improving
  • New Daily Price Limits Effective May 1
  • Better Weather, Lower Grain and Oil Prices, More Power Help Railroads Improve Service
  • Grain Shipping Season Begins in Duluth-Superior
  • Port of Portland Loses More Business
  • Sorghum S&D Shake-Up
  • Will China Import More Corn?
  • Truck Driver Shortage
  • U.S. Dollar Takes a Break
  • Lock and Dam 2 Welcomes First Barge
  • Lock and Dam 2 Welcomes First Barge
  • West Coast Port Tension Still Simmering
  • Overheard at NGFA
  • Ice in Upper Mississippi River Melting; Ice Jams a Danger
  • STB Wants Weekly Railroad Service Reports to Become Permanent
  • Great Lakes Nearly 88% Covered in Ice
  • Canadian National Railroad Reaches Last Minute Deal With Unifor