Markets - General
Total Farm Marketing’s Naomi Blohm says based on her research, corn growers will likely have an opportunity to lock in better corn prices over the next few months.
Grain futures were under pressure overnight, with corn retreating back to a cluster of major moving averages. Will technical support hold or giveaway?
Jerry Gulke, president of the Gulke Group, says, “Soybeans have been the surprise and there are several factors that have allowed that market to remain resilient.”
Corn, beans, and wheat were able to see some strength into Thursday afternoon’s trade while livestock markets seemed to struggle to find conviction on direction.
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.