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Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
The grain markets were lower for the week, except for hard red spring wheat. Jerry Gulke, president of the Gulke Group, says he thinks the pressure was largely in response to this week’s surprising trade developments.
Market outlook broken down into the next 5, 30 and 90 day segments.
“It’s another option to have some control over fertilizer prices, which have been extremely volatile in the past couple of years,” says Josh Linville vice president of fertilizer at StoneX.
Allison Thompson with The Money Farm, says it was a lower week in the grains on a combination of technical selling, weather and trade uncertainty.
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