Corn
Chip Nellinger, Blue Reef Agri-Marketing, says soybeans and products led the rally and recovery on talk of a China deal by President Trump and a lower dollar. That spilled over to support corn.
Matt Bennett, AgMarket.Net, says corn made new highs for the move with the March contract reaching a high of $5.04 1/2 before reversing and ending lower on the day. The key is was it topping action?
Naaman Cullers, 19, has inherited the competitive genes of his yield-legend dad, Kip Cullers.
His senior year of high school, Dalton Dilldine’s dad unexpectedly passed away, leaving a limited succession plan and a teenager with a big decision: take over the operation, start his own farm or go to college. He chose all three.
Is it possible the wheat market is finally seeing the same paradigm shift that’s already taken place in the corn market? Jerry Gulke is watching several signals for an answer, including speculator activity in the wheat market.
The conflict in Ukraine has been a focus for certain markets, such as wheat, since Russia first invaded the country nearly three years ago. This past week, President Donald Trump said negotiations to end the war would start “immediately.”
Scott Varilek, Kooima Kooima Varilek, says grains are rallying but cattle are seeing some selling pressure again ahead of a three day weekend but are holding chart support.
Farmers will need to be able to show farm records, receipts, delivery tickets, and any as-applied maps. Geo-stamp photos will also be required to prove the use of no-till and cover crops.
Jerry Gulke, president of the Gulke Group, says grains took a pause Friday in preparation for the February WASDE but is in the critical price discovery process before planting.
Scott Varilek with Kooima Kooima Varilek says cattle futures are trying to recover after the trifecta that tanked the futures Thursday and pulled down cash as well. Grains are lower on profit taking and SA weather.