Crop market upbeat - Spring rally in full swing

May 10, 2024

By Farms.com

The agricultural sector is enjoying a positive week, with crop markets experiencing a welcome price increase. Kim Anderson, a grain market economist at Oklahoma State University, attributes this upswing to the seasonal "spring rally."

This annual trend reflects renewed confidence as winter ends and planting gets underway. Markets for wheat, corn, and soybeans have all seen notable gains. Wheat futures reached $6.35, corn prices rose to around $4.60, and soybeans climbed back to $11.50.

While corn continues to show a surplus, overall market sentiment is upbeat. Anderson suggests that farmers keep a close eye on production figures and stock-to-use ratios, as these factors can significantly influence future prices.

The current trend suggests a potentially fruitful season for crop yields. However, long-term price stability hinges on factors like production levels and available stockpiles of grain.

Video: How Swine Nutrition Can Revolutionize Biogas Production - Dr. Felipe Hickmann

In this episode of The Swine it Podcast Show Canada, Dr. Felipe Hickmann from Laval University explores how nutritional strategies and manure management impact biogas production in pig farming. He breaks down the science behind anaerobic digestion at low temperatures and explains how dietary adjustments affect methane production and environmental sustainability. Learn how producers can reduce emissions and improve resource efficiency. Listen now on all major platforms!

"Lowering crude protein can reduce nitrogen in manure, but only if animal intake doesn’t compensate by increasing feed consumption."

Meet the guest: Dr. Felipe Hickmann / felipe-hickmann-963853a6 is a PhD research assistant at Laval University, specializing in swine and poultry sustainability. With extensive experience in manure management, nutritional strategies, and precision livestock technologies, he contributes to improving environmental outcomes in animal agriculture.