Markets - General
Cash Basis Levels for Corn and Beans at 20-Year Highs: What Is Driving It and How Long Will It Last?
Cash basis levels for corn and soybeans at 20-year highs as a result of transportation issues tied to winter storm Elliott, but it’s also due to tight supplies.
Keep an eye on these four issues to impact corn and soybean prices in 2023.
The current trend is a friend to farmers, as the markets ended the day green almost across the board. Gulke Group’s Jamie Wasemiller breaks down the positive outlook and provides insights to post-Christmas trade.
The outlook for 2023 grain prices is difficult to pin down given a host of unknown global outcomes. Economists say the new year could bring major moves in either direction, including higher prices.
Winter weather is packing a punch across much of farm country this week. However, its being somewhat ignored by the trade.
Jon Scheve explains why farmers should not use “free” storage offered by commercial facilities because it isn’t actually free. There are hidden fees for the farmer and it artificially lowers prices for all farmers.
This article discusses several recent trades that allowed me to collect additional profits in a range-bound market through harvest.
What will the cash value of money today be worth down the road at 5%, 6% or 7%, especially if made with borrowed money?
International Energy Agency sees an extra 2,400 gigawatts of capacity coming online worldwide over the next five years, with renewables surpassing coal as the largest source of global power generation by 2025.
It’s still too early to tell the long-term impacts for farmers with EPA’s proposal for renewable fuels, says Jerry Gulke. But the short-term effect was a price drop.