The stock market is facing losses not seen in two decades. Meanwhile the grain markets continue to find strength. Jerry Gulke, president of the Gulke Group, shares perspective on what farmers should understand.
Is the Soybean Market Getting Nervous About Supplies? Here's What the Latest Price Run Tells Us
Soybean prices are up 7.4% since May 9. The July soybean contract posted closes in the green four out of five days this past week, and kicked the week off with a 63¢ price jump.
Even with high input costs, agricultural credit condition ratings are showing strength. The latest round of surveys from the Federal Reserve banks show high farm real estate values are supporting farm finances.
Ukraine Reports Major Drop in Grain Exports, Egypt Refuses Shipment of Ukrainian Wheat
Ukraine reported a major drop in grain exports, threatening food security for millions worldwide. Grain exports are down 64% so far in May versus 2021.
Indonesia's Palm Oil Export Ban Lifted After It Backfired and Caused Domestic Prices to Crash
After just three weeks, Indonesia announced it's lifting its ban on palm oil exports. The move was expected by S&P Global Commodity Insights, saying there was no shortage of palm oil supplies when the ban was announced.
