Weekend Market Report
Stay updated on grain markets with AgWeb’s Weekend Market Report by Jerry Gulke, president of the Gulke Group.
USDA’s June Acreage and Quarterly Stocks reports resulted in a bullish surprise for soybeans and bearish news for corn. In an already volatile grain market, the supply situation is problematic.
Corn and soybeans are in a full-blown weather rally. After a sharply higher week, what should farmers watch for to decide when to market their crops?
After a volatile week, Jerry Gulke was encouraged corn and soybeans closed higher Friday and near session highs. That tells him the weather market, which is still in its early stages, hasn’t run out of steam.
Jerry Gulke, president of the Gulke Group, says the rally was both a weather and a technical recovery. The key is how long will the rally last and how should farmers position themselves in the market?
Acid-test ratios shows if you have sufficient short-term assets that can be converted to cash to cover short-term liabilities.
A bearish reset of the corn and soybean markets is underway as they transition from tight drought-stricken old crop supplies to record production levels in 2023-24.
Grain markets collapsed this past week, posting lower weekly closes on massive fund selling. Jerry Gulke says it’s the start of a major reset and the realization the U.S. is not competitive as China cancels corn buys.
Grains posted lower weekly closes, erasing all the gains of the previous week and more. Jerry Gulke sheds light on the various factors that caused the slide and what that means for market direction.
USDA’s Prospective Plantings and Quarterly Grain Stocks reports tend to produce big price moves, and this year was no different. Jerry Gulke provides his analysis of the important data.
Given the collapse in the grain markets, will USDA’s report on March 31 matter this year? Jerry Gulke provides his insights.