One again, positive-sounding news, didn’t boost the grain markets.
The phase one agreement between the U.S. and China takes effect now, setting officially in motion several provisions in the deal.
March corn was up 2¢ and March soybeans were up 10¢ for the week ending Feb. 7. March wheat was up 5.5¢. Check current market prices.
The grain markets continue a negative trend – despite good demand news.
Jerry Gulke says the last week was a solid reminder of one key marketing lesson: Volatility creates opportunity.
After waiting months for a potential marker mover, the Jan. 10 USDA reports didn’t meet traders’ bullish expectations.
On Friday, Jan. 10, USDA will release its Annual Crop Production report, and it has the potential to rock the markets, says Jerry Gulke.