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Gulke says next week’s action in corn futures is important because a continued rally could provide the first buy signal in the corn market in over six months.
Levels of concern could be elevated if the precipitation forecast doesn’t change.
Chip Nellinger, Blue Reef Agri-Marketing, says grains rallied with corn leading the charge on end of month short covering and ahead of a long holiday weekend.
However, the stagnation comes as the disparity between fertilizer prices and potential profits widens.
The new facility will produce 950,000 short tons of ammonia annually, and it’s been a project discussed for over a decade.
Farm machinery manufacturers are releasing details on Model Year 2026 balers and hay tools that feature increased automation, data integration and enhanced designs to help cover more acres in a single day.