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Uncertainty reigns

We can’t be silent. As farmers, we must speak up. Globally, we need to stand together and advocate for the critical role that free trade plays for our industry, our countries and the world.

Based on decades of experience, Jerry Gulke, president of the Gulke Group, is bracing for a big surprise in USDA’s Prospective Plantings Report on March 31.

Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

Surveying his farmer-clients, Ken Ferrie compiled a list of ways to increase profit margin. Specialty crops, such as popcorn; non-GMO corn and soybeans; seed corn and soybeans; food-grade corn and soybeans; and organic crops top the list.

A proposed government trade policy aimed at boosting U.S. shipbuilding could significantly increase costs for grain shippers.

Shawn Hackett, Hackett Financial Advisors, says corn and soybeans saw risk off profit taking heading into the weekend and have settled into a trading range going into the end of quarter and have priced in early acreage estimates.

The past 15+ years have brought two developments that have changed the dynamic for farmland investment.

The majority of respondents in the March Ag Economists’ Monthly Monitor agree the U.S. is currently in a trade war, but who wins? Ag economists say it’s not the U.S., Canada or Mexico but rather Brazil that could come out on top.

Scott Varilek of Kooima Kooima Varilek says cattle have been resilient continuing to shake off any bad news and uncover buying on any break. Grains continue to chop ahead of the weekend.