Markets - General
Some analysts believe a deal with Beijing will happen this week because of a potential gap in availability of the oilseed that’s likely to occur between the time the U.S. bean harvest ends and the Brazil harvest begins.
Jerry Gulke, president of the Gulke Group, says he hasn’t missed the government data including the October WASDE.
Oliver Sloup on Markets on the Move: Cattle markets were on the move today following a social media post from President Trump. Other markets saw interesting price action with corn recovering from yesterday’s pressure.
Tune into Oliver Sloup on RFD-TV discuss how Cattle futures got hit hard on Friday. With looming headline risks, pressure continues to start the week.
The price action in corn was impressive to Jerry Gulke, president of the Gulke Group, in part because it came during the gut slot of harvest when farmers are gathering a predicted record crop.
Market on the Move: Ag Markets Chop Around & Metal Markets Continue to Surge Higher Ft. Oliver Sloup
Oliver Sloup is on Markets on the Move as ag markets chop around and metal markets continue to surge higher. Tune in!
With the loss of Chinese demand, U.S. ag is searching for its next “shining star.” Researchers at Iowa State may have found it for soybeans: the road beneath your feet and the refineries needed to fuel your truck or car.
On Markets on the Move, Oliver Sloup recaps the action: metal and cattle markets continued higher, while corn futures continued to drift lower. These are the levels to watch. Tune in!
Grain markets have been choppy to start the week, with corn futures threatening a bigger technical correction.
Jerry Gulke, president of the Gulke Group, says the trade news was a game changer for the market. After calling an early low in corn and soybeans, he says Friday’s news and trade action has changed his opinion and he has turned bearish.