For the last three weeks, grain prices have held relatively stable. Jerry Gulke analyzes the reasons behind these positive price movements.
After declining for three years, the USDA’s Economic Research Service (ERS) is forecasting U.S. net farm income will improve in 2017.
More red on the futures board and December corn contracts below $3.50 per bushel aren’t lifting spirits as harvest continues to work northward. Joe Vaclavik, president and founder of Standard Grain, told AgDay host Clinton Griffiths history shows what will and should be happening this time of year.
When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.
Corn and soybean prices turned red after the USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE).
The first two discussions between representatives from the U.S., Canada and Mexico on the North American Free Trade Agreement (NAFTA) yielded little to no resolution on major issues that affect agriculture. Now, the renegotiation talks head north to Ottawa next week, Sept. 23-27.
This week’s latest batch of data from the federal agency didn’t destroy the commodity price outlook, as soybeans rallied off of recent lows, says Jerry Gulke, president of the Gulke Group.
Two new pork processing plants came online the beginning of the month in Coldwater, Mich. and Sioux City, Ia. That relieved some of the pressure on the producer end, but now the question is if there’s enough demand on the processed side.
After two years of weaker exports of farm goods, it is appearing as though 2017 will push higher.
The U.S. dollar has been losing some strength, which is making the U.S. more competitive in the export market with Brazil and Argentina.
For the second time this week a member of the Batista family, owners of the world’s largest meat packing company, has been arrested in Brazil.
Winter wheat moving again to Gulf Coast export facilities
New pork processing plants in Coldwater, Mich. and Sioux City, Ia. is changing the supply side of the hog market.
What will tomorrow’s round of Crop Production and World Agricultural Supply and Demand Estimates (WASDE) hold for the grain markets? Five market analysts share their expectations.
The corn and soybean markets put in price lows at the end of August, says Jerry Gulke, president of the Gulke Group. Now, traders want to know whether they’ll hold after USDA’s Sept. 12 reports in which only mild changes in national average yields are expected.
The cooler weather producers have been experiencing the end of August and beginning of September haven’t been an ideal way to end the growing season.
Hass avocado prices may continue at dizzying levels through at least late September as reduced volume from Mexico has pushed shipping point prices above $80 per carton on some sizes and sent wholesale prices soaring near $100 per carton.
In light of low prices, producers might be best served by using existing bins or building new ones for corn, capturing local basis and turning storage into a cash cow in 2018, says Jerry Gulke of the Gulke Group.