Markets - General
Corn Prices Could Range Between $4-$8 While Beans Could Be $10-$16 – There is even a chance we will see both price extremes this year.
The market ended the week on a high note, and one analyst thinks it will be hard to tame the bullish action in the market in the near-term.
A commodity swap is used to hedge against commodity price swings by locking in a price.
Global supply and demand are more important than ever. Accurate information is difficult to find, whether it be from NASS or China.
Corn, soybeans and wheat experienced double-digit price gains on Tuesday, a product of the 2021 bull market. And as prices continue to see the extreme price moves, some think the bull market could last beyond this year.
While analysts say it’s possible, yet not likely corn prices hit $18 per bushel, there are some factors fueling the market today. It’s not just the supply and demand scenario, but also the possibility of inflation.
May corn prices were up 6.5¢ and May soybean prices were up 25¢ for the week ending Feb. 26. March wheat prices were up 3.5¢.
Despite a couple down days in the commodity markets, core commodity prices were on a solid run in the past couple of weeks. And as a bull market continues to take shape, there are a few key factors in the driver’s seat
The bull market right now is one driven by not just tight supplies, but monster demand. Two marketing analysts say even with an expected increase in acres, tight supplies mean prices can absorb more production.