Weekend Market Report

USDA’s end-of-March Prospective Plantings report always brings a few surprises. This year will likely be the same.

Everything ended the week down hard as traders took a risk-off attitude toward market positions. Part of the reason was the dollar’s rally, which made even French corn competitive for importers.

The Prospective Plantings report, combined with the quarterly Grain Stocks report showed the U.S. has too much of everything, says Jerry Gulke, president of the Gulke Group.

The corn and soybean markets broke out of previous trading ranges this week. How long will the strength last? Jerry Gulke provides his take.

Spring wheat production rose 12 million bushels, shocking the marketplace and sending prices lower, says Jerry Gulke of the Gulke Group.

For a crop with the biggest carryover relative to use, wheat has showed a lot of life recently.

As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance.

Due to the holiday season, export sales were delayed and the significant number of cancellations were concerning, says Jamie Wasemiller of the Gulke Group.

What are you thankful for this Thanksgiving? “I’m thankful for being involved in agriculture,” says Jerry Gulke, president of the Gulke Group. Listen to the full report now and hear what all Jerry Gulke is really thankful for. It’s something all farmers can relate to and appreciate.

Jerry Gulke, president of the Gulke Group and Farm Journal’s Pam Fretwell discussed the events that helped the market to recover such as in the case for soybeans, a positive close for the week after a poor start.