Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
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.
Corn outlook and market keys for the next 5, 30 and 90 day segments.
Thanksgiving normally marks a change in direction for the grain markets. Jerry Gulke sets the stage for this year’s potential moves.
If you have unpriced old-crop corn, you’re not alone. Jerry Gulke provides his tips for post-harvest grain marketing and how to approach your 2023 plan.
On the first trading day of 2022, corn and wheat prices were down. But soybean prices were higher this year. This year all three commodities took a hit on the first trading day.
Corn & wheat lower on profit taking, Soybeans off lows with higher BO, watching weather. Cattle 2-sided w/profit taking pre-reports and despite higher cash. Hogs consolidate. DuWayne Bosse, Bolt Marketing has more.
I believe the top lesson from the 2022 crop year is farmers need to put aside the market hype and look to sell grain on rallies, or at least protect high prices with put options.
The Fed being hellbent on fighting inflation will temper grain commodity prices in the year ahead.
Be careful to match cost exposures to revenue opportunities and not squeeze margins when one moves the wrong way. Remember: Things change quickly, so remain flexible.
For 2023, key market factors are the same as 2022 — China demand and South American production.
Questionable corn demand and expected production highs in South America bring major questions to the corn and soybean outlooks. Yet positive factors are evident.
“Human nature is to do nothing, but that means you can end up with three years of corn on your farm,” says Ben Brown, agricultural economist at the University of Missouri. “This strategy makes you proactive.”
Grains mostly lower with profit taking on better extended weather, but still supported by global supply concerns. Chuck Shelby, Risk Management Commodities says cattle and hogs supported by higher cash.
The International Grains Council (IGC) raised its forecast for 2023-24 global corn production to 1.22 billion metric tons, reflecting an improved outlook for the United States.
To encourage fair treatment of specialty crop and small farmers, Sen. Cory Booker (D-N.J.) and Rep. Andrea Salinas (D-Ore.) are proposing a new bill: the Insuring Fairness for Family Farmers Act (IFFFA).