Weekend Market Report
Stay updated on grain markets with AgWeb’s Weekend Market Report by Jerry Gulke, president of the Gulke Group.
Prices are flat to lower this week, with March corn prices up a penny, and March soybean prices down 21¢ for the week ending Jan. 20. Wheat prices were down a few cents.
The Jan. 12 USDA reports held positive surprises for grain prices. March corn prices were up 20¢, and March soybean prices were up 35¢ for the week ending Jan. 13. Wheat prices were flat to up 11¢.
What will the cash value of money today be worth down the road at 5%, 6% or 7%, especially if made with borrowed money?
It’s still too early to tell the long-term impacts for farmers with EPA’s proposal for renewable fuels, says Jerry Gulke. But the short-term effect was a price drop.
From rate hikes to global recession fears to pathetic exports, many issues softened the grain markets this week. Gulke Group’s Jamie Wasemiller shares his analysis.
Jerry Gulke provides his take on the market reactions to the G-20 meeting with China.
With the recent volatility and rhetoric affecting the markets, Jerry Gulke, president of the Gulke Group, picks up his column right where he left off.
USDA’s end-of-March Prospective Plantings report always brings a few surprises. This year will likely be the same.
The long corn/short bean spreaders were caught again leaning the wrong way and the exit door wasn’t big enough to let long corn folks out quick enough.
There are high odds the harvest lows for grain prices were made in July, yet the seasonals suggest otherwise.