Weekend Market Report
Stay updated on grain markets with AgWeb’s Weekend Market Report by Jerry Gulke, president of the Gulke Group.
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.
Look for corn to continue to gain on wheat over the next several weeks.
The next 30 days should hold excellent opportunity to sweep out some old crop inventory and advance sales for this summer’s crop.
This week’s reports removed the focus on tight supplies and sent prices lower. Weather trouble here or abroad could still move prices back up.
Even though the May corn contract closed down 13 cents/bu. Friday, the price is still nearly a dollar higher than it was just 10 trading days ago, says Jerry Gulke, president of the Gulke Group.
Bull spreads in the corn market got too wide this week, says Jerry Gulke.
The grain markets were in a tug of war this week between declining yield ideas in corn and late week economic concerns.