Market Analysis
The market moves this week give volatility a whole new meaning, says Jerry Gulke, president of the Gulke Group.
AgDay TV Markets Now: Rich Nelson, Allendale, says funds take profits in row crops on Thursday on a better extended weather forecast. What yield is the market trading?
Corn & beans lower on profit taking & improved weather. Wheat mixed awaiting fresh war news. Live cattle consolidate ahead of cash. Hogs mostly lower so is the seasonal rally over? Rich Nelson, Allendale has more.
Corn, beans, cotton lower on profit taking, weather, stronger dollar. Wheat is mixed awaiting fresh war news. Cattle trying to rebound with lower corn. Shawn Hackett, Hackett Financial Advisors has details.
Grain markets go through three stages: greed, hope and fear. With two weeks of lower prices, the markets could be headed to the fear stage, says Jerry Gulke, president of the Gulke Group.
The annual Acreage and quarterly Grain Stocks reports are historically market movers. Read our pre-report coverage and analysis below.
The price rally that started in the fall of 2020 definitely attracted more corn acres in 2021. That was confirmed in USDA’s June Acreage report.
A big round of USDA reports this week ignited the grain markets.
The grain markets changed trend this week, thanks to a big round of USDA reports.
Stable crop conditions and some unexpected rains made grain prices drift lower this week.
Old crop beans hit contract highs on China export biz, expanding drought. Corn & wheat try to follow. Cattle 2-sided, while hogs see seasonal strength. Mike Zuzulo, Global Commodity Analytics has more.
AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, talks about the impressive rally in hogs, if it is nearly done seasonally and if producers should be hedging.
Corn and soybean prices sank lower this week. Why? Several factors played in, says Jerry Gulke, president of the Gulke Group.
“We’re significantly off the highs of the year, and it may be turning more negative depending upon what the report says next week,” says Jerry Gulke, president of the Gulke Group.
“In spite of some global economic headwinds and an open harvest week, the grain markets seem unphased,” says Jerry Gulke, president of the Gulke Group.
The markets reacted negatively to the Oct. 12 USDA reports. But prices regained some of their losses.
October is ending on a high note for the corn and soybean markets.
As December comes to a close, the grain markets are offering a few gifts. March corn prices were up 3.25¢ and new-crop December corn prices were down 4.5¢, for the week ending Dec. 17.
AgDay TV Markets Now: Garrett Toay, AgTraderTalk says grains take a pause from the rally but will continue to hold risk premium over war and weather concerns.
Grains close mostly lower with profit taking but eye on weather and Black Sea news. Cattle consolidate in a healthy correction, hogs pushed by strong cash and cutouts. Garrett Toay, AgTraderTalk has details.
2022 started off with a bang in the corn and soybean markets.
The grain markets posted another round of strong prices. Corn, soybeans and wheat prices were all up 30¢ or more. Could 2022 repeat the appreciating prices posted in 2021?
Grains see profit taking & may have enough risk premium for now. Cattle continue to correct technically despite bullish fundamentals. Hogs pushed by cash, product. Jeff Hoogendoorn, Professional Ag Marketing has more.
The grain markets continued to show strength this week. But how will continued global uncertainty, a long weekend and USDA’s initial 2022 estimates impact prices?
A week ago, Jerry Gulke discussed how global events could affect agriculture. Now we know.
The grain markets posted some of their largest weekly gains ever this week.
Live cattle see more profit taking, despite higher boxed beef and strong cash. Hogs bounce with higher cash and cutouts. Grains lower on profit taking. Brad Kooima of Kooima Kooima Varilek has details.
AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, talks about how much more risk premium he anticipates the grain markets to add after a sharp rally Monday led by wheat.
What should you know ahead of USDA’s March 31 reports? Read through our team’s comprehensive coverage.
Soybeans have been knocking on the door of higher prices, says Jerry Gulke, president of the Gulke Group. What will could them higher?