Your Weekly Market Update
| | | | | Jerry Gulke: Global Appetite for U.S. Grain Continue | | The grain markets continue their steady march upward. March corn prices were up 34.25¢ and March soybean prices were up 41.75¢ for the week ending Jan. 15. March wheat up 37¢. While those are impressive closes for the week, they only tell part of the story, says Jerry Gulke, president of the Gulke Group. | | | |
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| | Markets Now with Tyne Morgan: Why History Shows $16 Soybeans are Possible | | As analysts continue to digest what the latest USDA reports could mean for prices in the coming months, one thing is certain: soybean stocks to use is record tight. | | | |
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| | | Climbing Corn Prices Create More Headwinds for Ethanol’s Recovery in 2021 As commodity prices continue to catch fire in 2021, USDA’s reports this week added fuel. Read More |
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| | | USDA Report Analysis: Is the U.S. Running Out of Soybeans to Sell? USDA’S final crop production report of the year made some historic adjustments. As a result, soybeans shot 60 cents higher in a matter of minutes, and corn traded up the limit. Read More |
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| | | What Was Behind USDA’s Big Corn Yield Cut? USDA Chief Economist Explains USDA's crop reports made some major changes to the supply and demand balance sheets this week. From showing a tighter stocks to use scenario in soybeans, to a historic cut to the national corn yield, the adjustments provided more fuel to the commodity markets. Read More |
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| | | Profit Tracker: Cattle, Hog Margins Treading Water Average cattle feeding margins improved $15 per head last week, with closeouts showing a modest $42 per head return over breakeven. Industry-wide average cash cattle prices were mostly steady at $111 and average per head feed costs declined about $2, according to the Sterling Beef Profit Tracker. Read More |
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| | This Week on USFR | | Bill Biedermann, AgMarket.Net, Seth Meyer, USDA Chief Economist, and Arlan Suderman, StoneX, talk markets this weekend on U.S. Farm Report. | | | |
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