Markets - General
Last week Jerry Gulke, president of The Gulke Group, predicted the highs had been made in the grain markets on May 13. After reading the White House fact sheet on the China trade framework, he says he hasn’t changed his mind.
Did this week’s disappointment regarding the China summit top the grain markets for the year?
Using crop diversity, conservation tillage and a contract-first mindset, the Ruddenklau family works to keep their operation moving forward.
Two Midwest growers say increased competition between corn and soybeans for acres could help rebalance supplies and provide a financial boost.
Here’s an illustration of price discovery for soybeans that serves as a prime example of the efficiency of our price discovery system, as seen in the past 25 years of market history.
Corn futures scored a bearish lower weekly close for a second week and are now around 30 cents off the highs the market hit during the Iran war.
Corn falls to 95.3M acres (-3%) while soybeans rise to 84.7M (+4%). Wheat hits a record low 43.8M acres (-3%) and cotton climbs to 9.64M (+4%).
At Commodity Classic, analysts say a slower rollout of EPA’s pending RVO decision, or even delayed clarity, could leave spring planting decisions hanging in the balance.