The corn and soybean markets put in price lows at the end of August, says Jerry Gulke, president of the Gulke Group. Now, traders want to know whether they’ll hold after USDA’s Sept. 12 reports in which only mild changes in national average yields are expected.
In light of low prices, producers might be best served by using existing bins or building new ones for corn, capturing local basis and turning storage into a cash cow in 2018, says Jerry Gulke of the Gulke Group.
Prices didn’t move much positively or negatively, but demand for corn and soybeans remains strong, says Jerry Gulke of the Gulke Group.
If corn and soybean conditions prove less robust than USDA projected in early August, it might suggest the marketplace has seen the largest grain production numbers of the year, says Jerry Gulke of the Gulke Group.
After a market-shaking day of USDA reports, the week ended on a somewhat positive note for grain prices. Jerry Gulke shares his insights.
Crop deterioration has slowed, and that’s caused the markets to decline for the week. Jerry Gulke provides his weekly analysis.
Heat and dry conditions appear to be creeping eastward, which could take some yield potential out of corn and soybeans, says Jerry Gulke, president of the Gulke Group.