Corn
Randy Martinson, Martinson Ag, chalks the recovery up to short covering heading into the weekend and position squaring ahead of Monday’s USDA reports.
Jerry Gulke, president of the Gulke Group, says some in the market attributed the recovery to short covering but he thinks a some significant trade developments also played a role, as well as the upcoming USDA reports.
The Seilers use cover crops and no-till to improve soil health, reduce input costs and improve profitability.
Historically, the corn market has been well over $5 with ending stocks this tight, says Darren Frye with Water Street Advisory, Inc. Will higher-than-expected corn inventory show up in USDA’s Quarterly Stocks Report?
Scott Varilek, Kooima Kooima Varilek, says cattle futures are holding together despite lower cash trade, while grains are finally seeing a bounce in reaction to a China deal on rare earths.
Kevin Duling, KD Investors, says the funds continue to sell in the grain markets, and both old and new crop corn hit new contract lows Thursday before bouncing off those levels. So, how much more downside risk is there?
DuWayne Bosse of Bolt Marketing says the grain markets have seen massive fund selling this week pushing corn to new contract lows but it has been spurred by a number of bearish factors.
Hear from the likes of AGCO, Claas, John Deere and others about what each farm equipment manufacturer is planning to invest in its U.S. manufacturing footprint.
David Hula believes a high-quality carrier is so critical to the performance of his crop protection products that he loads and hauls all the water to the local airport that his aerial applicator uses.
The silver lining, meteorologists say, is many farmers and livestock producers in the central and eastern U.S. have had sufficient moisture this spring and milder temperatures headed into summer. For some, that’s about to change.