Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
A friendly WASDE report, combined with other factors, helped grain prices jump. This put added pressure on the spring acreage mix.
Understand how global headwinds and tailwinds will affect your operation.
China contains the largest population of any country in the world. All those mouths drive demand for your farm’s products.
While no one knows where the commodity prices are going, Mark Hobrock, director of sales for the Andersons, would put money on one market factor: volatility.
The stock market is facing losses not seen in two decades. Meanwhile the grain markets continue to find strength. Jerry Gulke shares perspective on what farmers should understand.
Soybeans have been knocking on the door of higher prices, says Jerry Gulke, president of the Gulke Group. What will could them higher?
The grain markets featured lower prices this week. Corn prices were down 40¢ to 50¢, for the week ending June 3, and soybean prices were down 16¢ to 34¢. All wheat prices were down $1 for the week.
Last week we asked: Are ag commodities due for a reset? This week’s market moves show the answer. Now, the question is: Where is the bottom? Jerry Gulke weighs in.
“We are certainly seeing a different tone than what we saw in the first six months of the year,” says Jerry Gulke. “What we seem to be seeing now is demand destruction versus demand reduction.”
After trending lower for several weeks, the grain markets have rebounded—at least for now. So, did the markets find their bottom?
Grains sharply higher adding risk premium on the escalating Black Sea war and hot dry weather. Cattle see profit taking on higher corn and a bearish COF. Hogs consolidate. Oliver Sloup, Blue Line Futures has more.
Grains sharply higher putting in war and weather premium & w/China soybean biz. Cattle set back with higher corn and sorting through USDA data. Hogs mixed. Tomm Pfitzenmaier, Summit Commodity Brokerage has more.
As the grain markets stay focused on weather, Jerry Gulke says a crop scare may be needed to send prices back up. He provides his take.
Corn and soybean prices have been on a steady and steep decline since early summer. Will these lower prices attract more demand? Jerry Gulke shares his thoughts.
Trouble continues in the rural economy. Rural bankers point to the issues causing uncertainty ahead.
Harvest still a few months away, but could the harvest price lows already be in? Jerry Gulke, president of Gulke Group, provides his take.
Will it rain or not? That’s the key question for this weekend. Jerry Gulke weighs in on what’s in store with this volatile weather market.
The grain markets sparked back to life this week. Could the trend continue for corn and soybean prices? Jerry Gulke provides his take.
“This is the first boots-on-the-ground assessment and that ought to be revealing,” says Jerry Gulke.
Gulke expects USDA to drop the national average corn yield to 172.5 per acre and leave the soybean yield unchanged. The key, he says, will be what USDA does with its demand estimates.
The September USDA reports provided some shock and awe, especially for soybeans. December corn prices were down 6¢ and November soybean prices were up 36¢ for the week ending Sept. 9.
The grain markets had another volatile week, highlighted by USDA’s Grain Stocks report. Jerry Gulke provides his take on the markets moving forward.
With soybean harvest past the halfway point and corn harvest nearing it, you likely have a better idea of how many bushels you won’t be able to store on farm. What should you do with those extra bushels?
After several weeks of volatility, the grain markets were relatively quiet this week — as harvest charges forward. Could this be a positive sign for prices? Jerry Gulke provides his take.
With U.S. soybean harvest at 88% complete, Jerry Gulke, president of the Gulke Group, says the market is sizing up the crop and buyers are trying to lock in their needs.
The latest USDA report, mid-term elections and a collapsing U.S. dollar all impacted the grain markets this week. Jerry Gulke shares his take on what this means going forward.
AgDay TV Markets Now: Tommy Grisafi, Advance Trading discusses what’s next for the grain markets after a higher but volatile week as markets chased weather and war headlines.
Sens. Chuck Grassley (R-Iowa) and Tammy Baldwin (D-Wis.) introduced a new bipartisan bill, the Farmland Security Act of 2023, seeking to further boost transparency in foreign ownership of U.S. farmland.
December corn ended 22½ cents higher; November soybeans were up 31 cents; with Chicago wheat climbing 36 cents; Kansas City, 31 cents; and Minneapolis, 2 cents. How long with the volatility continue?
Grains mostly lower except old crop soybeans on profit taking & hedge selling. Grains had a higher but volatile week trading war and weather headlines but what’s next? Tommy Grisafi, Advance Trading has insight.