Market Analysis
A review of where we have been and the impact at this juncture is warranted.
The inflation genie is out of the bottle and might be as difficult to get back in as it was in the 1970s. As Yogi Berra would say, “It’s Déjà vu all over again!” Or is it?
The grain markets have a tendency to shift around Thanksgiving. That could be in the cards this year, says Jerry Gulke, president of the Gulke Group.
Has there been a time when the acreage mix for the next crop year has been so hotly debated during the current harvest? What is your take on 2022 acres?
The November Crop Production and World Agricultural Supply and Demand Estimates reports gave a lift to grain prices.
USDA’s Nov. 8 Crop Production and World Agricultural Supply and Demand Estimates (WASDE) didn’t improve prices.
Oats and wheat have been the superstars in commodity prices lately. As oats hit a new record high this week, spring wheat traded to the highest level since 2012.
The concept of “goal-based marketing” is easy to understand. The strategy links the sale of crops or livestock to a goal for your business.
On Tuesday, Oct. 12, USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimates. Gulke Group’s Jamie Wasemiller will be watching several factors in that round of report.
The questions of if fundamentals really matter anymore have surfaced recently. A look at price discovery for HRSW gives some insight.
With lawmakers focused on environmental social governance and carbon-neutral fuels, odds are the momentum to replace petroleum-based diesel with renewable diesel will not be exhausted soon.
“We are fast running out of gas,” says Jerry Gulke. “If we miss these rains, North Dakota and South Dakota probably deteriorates—North Dakota more so. I will be interested to see what Pro Farmer sees.”
The market seems to have learned from history, and we might witness a repeat.
USDA’s June 30 Acreage report is known to offer a few surprises, and the 2021 edition delivered.
For the week of May 17, corn was higher and soybeans were down hard along with wheat, meal, canola and soy oil. There has been good opportunities to sell cash and avoid the futures exposure.
USDA’s June World Agricultural Supply and Demand Estimates (WASDE) amplified the major themes driving the corn market: Demand is strong, supplies are questionable.
The commodity markets proved the bull market is far from over, as May corn futures ended the week above the $7.70 mark. Soybean prices had a similar story, with old crop finishing Friday above $16.
Do bull markets motivate or paralyze you? Do you stay active in updating your projections or sit on the sidelines watching prices tick up?
How high will prices go? How long will the high prices last? What is behind this rally? Here are some of the factors at play.
The domestic demand story is providing fuel to the markets as strong basis is part of what helped drive the markets higher this week. Marketing analysts on U.S. Farm Report discuss the market action this week.
May corn futures briefly topped $6 this week. While the futures prices didn’t stay above $6, the strong price signals showed up in both old crop and new crop this week.
U.S. soybean farmers could be in for a volatile price ride this year. With already tight stocks with robust demand, Blue Reef Agri-Marketing’s Chip Nellinger says soybean prices could see extreme volatility this year.
May corn futures closed in on $6 Wednesday, a price move being driven by a number of factors. Brian Doherty with Total Farm Marketing says corn’s performance is one for the record books.
Some habits breed grain marketing success, while others hurt your profitability. Want to be a better marketer? Follow this advice.
May corn prices were up 17.25¢ and May soybean prices were up 0.5¢, for the week ending April 9. May wheat prices were up 28¢.
Drought continues to grasp the western half of the country. As some farmers wait on rain to plant, Tommy Grisafi outlines some marketing tools to consider.
The supply-and-demand outlook already suggested profit potential into 2022/23 (not continuously high prices, but profit opportunities).
The March 31 Prospective Plantings and Grain Stocks reports are known for a surprise or two, as well as causing some price volatility.
USDA reports have the chance of throwing out some surprises. So, what may some of those surprises be when UDSA releases its Prospective Plantings report next week? U.S. Farm Report analysts weigh in.
Since last year, China has been importing record volumes of U.S. corn due to a supply shortage and record domestic prices.