Marketing-Communications
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.
Guest this week include Pro Farmer’s Chip Flory. Grain market analysis with Matt Bennett, Ellen Deardon and Bill Mayer.
Will these changes decrease or increase market volatility?
Don’t hold your corn and expect a basis gain to pay for storage, because it’s unlikely to happen.
A drop in corn yields was expected, but the market was trading 155-156 bu./acre corn yield.
The grain markets were in a tug of war this week between declining yield ideas in corn and late week economic concerns.
Commodity exchange amends proposal for new limits to go further than originally proposed.
What will be this year’s actual harvested acreage, and how will weather affect yields on those acres?