How Did Grain Prices Rally Amid Record Harvest?

11:01AM Oct 22, 2016
grain bin harvest storage
( AgWeb )

Prices are firm to higher again this week and apparently because producers are doing a good job of storing a record crop and exports still holding firm.

“The dumping of grain at harvest hasn’t materialized  yet” according to Jerry Gulke, President of the Gulke group. “As we are nearing completion of the bean harvest and close to half of the corn acreage,  it looks like farmers have rallied the prices right in the midst of one of the biggest record crops.”

Listen to Jerry Gulke's full audio with Pam Fretwell: