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The stock market is facing losses not seen in two decades. Meanwhile the grain markets continue to find strength. Jerry Gulke shares perspective on what farmers should understand.
North Dakota is a leading producer of corn, soybeans, spring wheat, sugarbeets, sunflowers, oats and barley. This year has been a nightmare in terms of spring planting.
Soybeans have been knocking on the door of higher prices, says Jerry Gulke, president of the Gulke Group. What will could them higher?
The grain markets featured lower prices this week. Corn prices were down 40¢ to 50¢, for the week ending June 3, and soybean prices were down 16¢ to 34¢. All wheat prices were down $1 for the week.
Almost all types of fertilizer are trending lower in price. So is now the time to buy?
For the first time since September 2020, the rural economy is showing signs of weakness.