Markets - General
Jerry Gulke, president of The Gulke Group, says it doesn’t matter whether farmers believe the USDA report or not because it’s what the market is trading.
Yield increase of 2.7 bu. per acre pushes carryout to 1.849 billion bushels, sending stocks-to-use back above 10%.
With corn and soybean yields in question and price rationing back on the table, Gulke says the farmers who treat volatility as the enemy — instead of the opportunity — are the ones left holding the top.
Government payments, insurance and regenerative incentives are worth about $0.52 per bushel on a 220-bu farm. Add them to a $5.49 December board and the marketing math changes — if you know your numbers line by line.
A year after StoneX’s survey shocked the market, two StoneX economists sit down for an exclusive interview, saying this year’s numbers tell a very different story about what will drive prices.
Corn and soybean markets face uncertainty as China returns to buy U.S. soybeans, USDA acreage questions linger and weather drives price outlooks. Analysts offer grain marketing insights for farmers to navigate summer.
President Jed Bower says the association is setting a course toward markets that could collectively unlock demand for billions of additional bushels of corn annually, “keeping farmers farming” for the next 250 years.
The joint letter highlights a 150% spike in fertilizer prices and calls for immediate relief for the struggling U.S. farm economy.