Markets - General

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.

Basis levels improved this week, with some analysts saying it could have been from China buying, even if the government shutdown means no daily export sales data can offer proof. But one analyst says there is a bullish case for corn, especially considering global stocks of corn relative to use, are the tightest since the 2012 drought.

Matt Splitter says he has harvested more corn in the past 10 days than he did during the last two seasons combined. But he says two straight years of drought and high input costs could keep him and other farmers in the state from reaching financial wholeness.

Find out how the busy farm equipment auction season is shaping up so far and why you can expect an uptick in multi-dealer and farm retirement auctions before 2025 comes to a close.

As Jed Bower takes the helm at NCGA, he is working to expand market opportunities in the U.S. and abroad, and looking for practical ways to reduce regulatory burdens on farmers.

Looking back, here are the actions that have given the seasoned farmer/commodity analyst the biggest ROI over the years.

Grain markets have been quietly mixed to start the week; these are the levels to watch for to start this week’s trade.

Oliver Sloup brings you another episode of Markets on the Move to break down the day’s action. Grain markets saw follow-through selling pressure early in today’s trade, but caught a gust of wind midway through the session, thanks in part to a social media post from President Trump.