The July 12 World Agricultural Supply and Demand Estimates delivered a blow to the corn market, but showed support for soybeans.
The corn and soybean markets broke out of previous trading ranges this week. How long will the strength last? Jerry Gulke provides his take.
USDA raised acreage estimates for corn and soybeans in its annual Acreage report and implied strong demand for the crops in its quarterly Grain Stocks report. Jerry Gulke provides his take.
The grain and livestock markets capitulated and headed lower this week, though it’s unclear whether this is the start of a new trend or the culmination of a sell-off before USDA’s June 30 acreage report.
For the past three months, the corn-price ship has been barreling straight ahead, trading in a fairly narrow sideways trend. But, that ship took a positive turn, says Jerry Gulke.
Decent growing conditions in the west stand in contrast to wet conditions in the east, meaning corn yields won’t be ideal across the board this year, says Jerry Gulke of the Gulke Group.
As the May planting window draws to a close, Mother Nature is taking the driver’s seat away from the Chicago Board of Trade. Jerry Gulke explains.