Markets - General
Shell Rock, Iowa, farmer Jeff Reints started planting corn on April 8 — the earliest ever on his farm. He got 50% of his corn and soybeans in the ground before 3 inches of rain parked the planters.
Ocean shipping transports about 80% of global trade — from coal and corn to bananas and cement. The revisions tackle major concerns from the global maritime industry that feared virtually every cargo carrier could face steep, stacking fees.
Grain markets saw minor pressure in Thursday’s trade. Are technical support levels at risk?
Grain and livestock markets saw some big moves last week and are seeing a choppy trade to start the shortened week. Here are a few things on our radar.
In times of chaos, it’s best to go back to the basics of basis and price. Effective risk management has little room for mistakes, but that doesn’t mean it has to be perfect.
Jerry Gulke, president of the Gulke Group, says the April WASDE confirmed the tighter balance sheets he had been expecting for several reports but that’s just the start of the bullish news.
Grain markets were mostly higher in Thursday’s trade following a fairly friendly report, for corn in particular. Cattle futures continued to struggle in the midst of a risk off trade in the outside markets.
A tsunami of volatility has swept across global markets over the last few trading days as market participants position in the face of potential tariffs.
Jerry Gulke, president of the Gulke Group, says one of the markets that was able to cut through the tariff noise and end higher for the week was corn.
The 34% reciprocal tariff announced by China on Friday is in addition to the original 20% retaliatory tariff China issued in March, which targeted 15 products including beef, cotton, grain sorghum, pork, corn, dairy and fresh fruit.