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Brad Kooima with Kooima Kooima Varilek says there were a couple of reasons the market ignored the strike and the biggest was the higher equity markets and lower crude oil
While USDA predicts a shift to soybeans, spiking input costs and Middle East supply gaps have Northern growers weighing corn’s yield potential against a volatile fertilizer market.
Thousands of union workers at the JBS Greeley, Colo., plant went on strike Monday calling for higher wages, safer working conditions and respect on the job.
Jerry Gulke, president of the Gulke Group, says the recent strength in the corn market is not a result of the Iran war or higher corn prices, but a paradigm shift that happened 18 months ago.
Wheat was the price leader on Friday mostly on technical buying according to DuWayne Bosse with Bolt Marketing.
Tom Parker farmers corn, soybeans, and tomatoes in La Porte, Indiana. He won’t decide his crop mix this year, until he’s in the field.