Corn
Explosive is the best way to describe the corn market this week following Thursday’s March 1st Stocks and Prospective Plantings report.
Even though the May corn contract closed down 13 cents/bu. Friday, the price is still nearly a dollar higher than it was just 10 trading days ago, says Jerry Gulke, president of the Gulke Group.
Bull spreads in the corn market got too wide this week, says Jerry Gulke.
Corn pegged at 12.484 billion bu.; soybeans at 3.083 billion bu.
Guest this week include Pro Farmer’s Chip Flory. Grain market analysis with Matt Bennett, Ellen Deardon and Bill Mayer.
