Yet livestock prices remain firm thanks to strong export demand, says Jerry Gulke of the Gulke Group.
Dispute over construction of a border wall is taking place just as technical signals in the corn market suggest downward price pressure is ahead, says Jerry Gulke of the Gulke Group from the 2017 Top Producer Seminar.
Regardless of strong yields, prices are finding a footing. What farmers need now is some traditional fall weather, says Jerry Gulke, president of the Gulke Group.
Midway through harvest, with farmers wondering whether they should wait until prices go up before selling their corn and beans, Jerry Gulke, president of the Gulke Group in Chicago, is advising farmers that it would be better to wait.
Ahead of Monday’s USDA report, farmers walking their fields already are finding out that corn yield isn’t quite the record high 175.1 bushels per acre predicted by the agency in August, according to Jerry Gulke, president of the Gulke Group in Chicago.
As the new marketing year—and harvest season—begins, Jerry Gulke sees a handful of “encouraging” signs, particularly in corn.
Could a bumper harvest yield $2 corn with no disaster on the horizon to offset a record supply of grain?