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Farm CPA Paul Neiffer says in the short-term it means two things: a focus on government payments and tougher conversations with ag lenders.
Jerry Gulke, president of the Gulke Group, says he was as surprised with USDA’s 188.8 bushel per corn acre yield as anyone, but their demand projections were even more surprising.
Mark Schultz, Northstar Commodity, says corn December corn closed above the $4 level on Friday and was nearly steady for the week.
The manufacturer says decreased demand and lower order volumes for its farm equipment are the main factors for this wave of dismissals.
Oliver Sloup and Marlin Bohling wrap up the week with Markets on the Move, recapping Friday’s action and key price moves across the commodity markets. Ag Markets Finish The Week on a High Note.