Gulke: Weather Market Or Not?

April 29, 2017 04:00 AM

The question of whether U.S. corn and soybean prices are acting under the influence of a weather market remains to be answered, says Jerry Gulke, president of the Gulke Group in Chicago.

“With all the huge rains that have been predicted for the last few days, and that seem to be reality, one would think prices would be responding more positively than they have,” Gulke tells “Weekend Market Report” host Pam Fretwell in an episode airing Saturday, April 29.

Corn prices rose just 2 cents this week, while soybean prices fell between 4 cents and 6 cents.

“The only really bright spot is the livestock surging higher this week,” Gulke says.

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Spell Check

hans reinhardt
langdon, ND
4/29/2017 05:25 PM

  what does jerry gulke know for sure? nothing! he has a very keen sense of the obvious! lol

Justin Barnes
Williamsport, OH
4/30/2017 12:38 PM

  I believe Mr. Gulke does a fine job and I enjoy reading his comments. Not sure why people seem to be so critical, other than maybe it is just nice to have someone else to blame when the markets do not go our way. Ultimately, each producer must take responsibility for pricing their OWN crop. Analysts can often help in giving us perspective about a futures market, which is inherently unpredictable.

Washington, IA
5/2/2017 03:36 AM

  Maybe if we had a president that has ever been out of the city or read a book or newspaper it might help. He is single handedly killing our exports. They are trying to say the nafta talk last week was a plan to get negotiations started. I doubt it. He talks too much and doesn't give any thought to the implication of what he is saying. We need exports not trade wars.