The Jan. 12 USDA report surprised the market with a significant drop in soybean exports—more than anticipated with a 65 million bushel reduction, says Jerry Gulke, president of the Gulke Group. Wheat acres were also increased, which was not at all what was expected.
“It will be interesting to see how we close the week,” he says.
Jerry Gulke runs through the numbers in this special report on Farm Journal Radio. Listen now!
Read the Full January WASDE report here
Gulke will be the closing keynote speaker at the 2018 Top Producer Seminar, which takes place Jan. 23-26 in Chicago. His presentation, titled, "Looking Beyond Our Backdoor: Today’s Grain Markets" will be moderated by Fretwell and will provide his expert market commentary and insights. Reserve your spot now. Register at www.TopProducerSeminar.com.