With grain markets still at high levels, Jerry Gulke says you have to ask if the market is reflecting reality or if it sees something coming in the future.
Could the High Heat Cause Corn Prices to Repeat 1988 and 2012 Levels?
Heat seemed to be the focus of the markets this week. Two veteran market analysts say if this heat continues, and drought becomes an even larger concern, commodities could see a violent run-up in prices.
Basis? Spreads? War? Weather? Acres? Many Variables Still Impacting The Market
War and weather are unpredictable. We don’t know anything more on those two fronts than we did a month ago. Jon Scheve says the.market is now waiting on the June 30 report to see how many corn and soybean acres got planted.
For the first time in three decades, the Federal Reserve raised its key interest rate by 75-basis points. This move is also a sign of additional rate increases to come. Learn how the monetary move will impact commodity markets.
Despite Drought Brazil On Track to Harvest Record Safrinha Corn Crop
Earlier this year it would have seemed impossible to believe Brazil’s corn production could reach record levels. Yet Brazil’s safrinha corn crop is expected to produce a record 3.465 million bushels in the 2021/22 crop season.
