Northern Crops Marketing and Investments, Ltd. (NCMI) is a full service commodity brokerage firm located at 142 Christian Drive in Grand Forks, North Dakota, the heart of North America's agriculture production area. We specialize in agricultural risk management and marketing strategies. We also trade through R. J. O'Brien & Associates, our clearinghouse.
NCMI's primary objective is to help clients spread, transfer, and limit risk. We utilize futures and options, along with cash contracts, to hedge. Basis, premiums, and discounts are also monitored closely. We have a variety of clientele across the United States and agri-business contacts worldwide.
Our goal is to combine our experience with the latest technology to provide quality, personal service. NCMI is committed to directly communicating with clients on a regular basis to establish and execute a marketing plan.
The biggest outlier in this month's USDA Cattle on Feed report will be the marketing data, which doesn't have a large effect on the market. Overall, the report could be received as bullish if pre-report estimates hold true.
Beef production is expected to decline again in 2026, but growth in pork, turkey and broilers is expected to offset the decline. Consumer demand isn't declining but remains strong and is expected to support prices for the livestock and poultry sectors.
Corn production is projected to decline 7% with lower planted acreage and lower yield forecast as well, coming off record production in the 2025-26 crop. Soybean acreage will rise because of projected profitability over other crops, but soybean yield will hold steady.
President Donald Trump issued an executive order to protect the domestic production of elemental phosphorus and glyphosate. The order gives the Agriculture Secretary authority to direct the production of both crop inputs. It also gives immunity to companies for following the executive order.
At the Iowa Renewable Fuels Summit on Thursday, E15 was the main topic of the day, though carbon pipelines also had their moment, along with the 45Z tax credit and the unrealized prospects of both maritime and sustainable aviation fuels.
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