Market Analysis
A market analyst shared a gloomy outlook for the country on Thursday, saying the U.S. balance sheet and financial condition have been deteriorating significantly over the last decade. He expects more of the same ahead.
Sixty-five percent of farmers surveyed in July expect interest rates to climb in the next 12 months. On a positive note, 7 out of 10 said they expect farmland cash rental rates to remain roughly the same for 2024.
Changing your perspective from last trading day of future to the first notice day depicts the “gapping” lower due to inverted prices. Note: the price-gapping from old to new crop July to September is similar to 2012.
With the dry areas getting smaller and the wetter areas getting wetter, Jerry Gulke says the market is justified in removing weather premium from corn and soybeans.
The big market moves this week show just how tight the supply situation is for commodities, says Jerry Gulke, president of the Gulke Group.
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?
Jon Scheve explains another corn straddle trade where he made a profit during a sideways market.
USDA’s reports showed some surprises last week, including tighter than expected stocks. If China continues to buy corn, analysts say it creates even tighter old crop stocks, but if China quits buying, prices could drop.
Jon Scheve provides historical background of changes in corn and bean acres between planting intentions surveys and final report trends.
Grain markets are lower as fund selling has escalated while wheat makes new contract lows. Livestock markets are mixed. Shawn Hackett of Hackett Financial Services has details.
Tommy Grisafi with Advance Trading explains why both short- and long-term interest rates are up.
Jon Scheve compares corn futures prices today to the last 16 years to determine if a rally by the end of April is likely.
Weekly overview of ag commodity markets prepared by Brugler Marketing & Management LLC. Not intended as trading advice.
This week, a Brazil-based consultancy cut its soybean production estimate for the country by 2.1 million metric tons. Between Brazil and Argentina’s drought-impacted crops, the situation has the market’s attention.
Weekly summary of price drivers in the ag commodities. For education and entertainment, not intended to be trading advice. Prepared by Brugler Marketing & Management weekly since 2003. Call 402-697-3623 with questions.
Jon Scheve discusses how the USDA cattle numbers could potentially impact corn prices.
USDA’s January updates limit downside price risk but do not eliminate the risk of lower prices.
Corn and soybean prices hit 10-year highs in 2022, creating exceptional returns to row crop producers. Will 2023 be a repeat or will prices shift lower?
Jon Scheve discusses findings from the latest USDA report and why corn prices may go up.
Weekly overview of the agricultural commodity markets, compiled by Brugler Marketing & Management LLC. Not intended as trading advice. Call 402-697-3623 for more information.
Officials in China now say the population sits at 1.4 billion, which came as a surprise to many economists and market analysts. The news draws concerns about what it means for demand both short- and long-term.