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?
North Dakota, South Dakota, Minnesota and Montana, will be resurveyed.
Because of late planting and flood related crop losses, acreage uncertainty will linger for several months.
Get ready for a big move in corn prices. USDA’s June Grain Stocks report comes out tomorrow morning, and it tends to swing the market.
If the ethanol subsidy is eliminated as some in Congress are calling for, corn stocks-to-use could increase, potentially putting modest pressure on corn prices.
Following Thursday’s USDA reports, the market was full of action. Jerry Gulke says Friday was a wild trading day and that farmers are feeling the lure of $8 corn.
Corn and soybean stocks may be growing but average prices for new-crop corn and soybeans could be headed to all-time highs.
Acreage would produce 13.83 bill. bu. crop if trend line yields are realized.
There can be little doubt that NASS acreage and production reports are among the biggest market movers year-in and year-out.
Rising corn futures picked up momentum today after Informa Economics estimated that producers will plant fewer corn acres than USDA projected last month.
End users struggle to balance old-crop supplies with aggressive demand
Corn, soybeans and wheat prices dropped like a rock this week, capped off by a WASDE report with no positive news.
Farmers will spend more to produce their 2011 crops but they’re likely to make that up -- and then some.
Fasten your seatbelts as this week may only prove to be a precursor for what we should expect this spring and summer.
Corn stocks are tight, demand is staying strong, and competition for acreage is tough.
With new crop cotton futures over $1.20, cotton will compete fiercely for U.S. acreage this spring, and many analysts expect it to come out a winner.
The slowing pace of soybean exports and export sales suggest that the rationing process has been completed.
While not bearish on soybean prices, Kevin Van Trump says cotton and corn prices look to have more positive demand.