The market is coming out of the doldrums with a rally on wheat and beans and corn holding steady.
“The market has digested all the negative stuff we could throw at it and now it’s higher, “ said Jerry Gulke, president of the Gulke Group in Chicago, speaking with Farm Journal Radio’s Pam Fretwell.
His advice for farmers: Wheat may give a precursor of what to expect in corn and soybeans. “Sometimes wheat leads the way" up and down, Gulke said. “If anyone’s concerned about weather, you might see it first in wheat.”
Listen to Gulke's full comments here: