Weekend Market Report
Stay updated on grain markets with AgWeb’s Weekend Market Report by Jerry Gulke, president of the Gulke Group.
As Farm Journal’s Pam Fretwell and Jerry Gulke, president of the Gulke Group, go over this year’s markets, they also look ahead to some surprises that may come into being in early 2018.
The Dec. 12 WASDE report helped corn by raising ethanol usage by 50 million bushel, which reduced ending stocks—good news according to Jerry Gulke as he spoke to Host Pam Fretwell on Farm Journal Radio.
With corn, wheat, and soybean prices all significantly higher than their October lows, Jerry Gulke says farmers should enjoy the market’s Christmas gift--and prepare for a blockbuster USDA report in January.
With the holiday trading season soon to begin, it’s probably time for farmers to sit tight in terms of grain selling until the new year begins.
With this year looking like the perfect recipe for high yields, the downward pressure on prices is strong, says market expert Jerry Gulke.
Many traders have set their eyes on $15 soybeans for next week; however, this may be difficult if rain reaches Argentina.
Although, the more immediate concern is a breakout to the downside that may begin based on outside influences
USDA hacked estimate corn yields this week. Jerry Gulke explains what that means for prices this year and beyond.
Hold on to your hat. Corn and soybean prices reached all-time highs this week and could go even higher. Jerry Gulke explains.
Hot, dry forecasts are causing alarm in the grain markets. Will the upcoming weather singe the early-planted crops? Jerry Gulke discusses.