Market Analysis
Jon Scheve explains why the recent corn rally is impacted more by the war in Ukraine than weather. Plus, a recent trade example using puts to put in a floor price with unlimited upside potential in corn.
If you have unpriced old-crop corn, you’re not alone. Jerry Gulke provides his tips for post-harvest grain marketing and how to approach your 2023 plan.
Sometimes it isn’t a matter of what direction prices are headed but where they are not headed. USDA has shaved demand, especially in corn. The long-term outlook might show corn prices have lower targets yet to come.
Tomm Pfitzenmaier, Summit Commodity Brokerage, says grains rallied on weather and the drop in crop ratings and subsoil moisture. The markets pushed through chart resistance and could see continued buying.
Jon Scheve discusses variables impacting corn prices right now.
Grains end higher Friday and for the week. Is the market confirming a bottom? A lower week for cattle on consolidation and hogs slide on sow liquidation. John Payne, Hedge Point Global Markets, shares insights.
A key reversal in wheat after a drone strike at the Kremlin pulls corn and soybeans higher as well. AgDay’s Michelle Rook chats with Ted Seifried about the headlines and the market response.
Jon Scheve explains why it is impossible to predict corn prices.
AgDay TV Markets Now: Oliver Sloup of Blue Line Futures talks about another day of risk off fund selling in wheat and soybeans, corn holds support but for how long?