Jerry Gulke: What Surprises Loom in Next Week’s Reports?
“We’ve seen some narrowing in the trading ranges,” says Jerry Gulke, president of the Gulke Group. “It feels like there has been a lot going on, but corn and soybeans have not changed in price much the last few weeks. We’ve had lots of volatility, but we haven’t extended any strength or weakness of any significance.”
Markets Now with Tyne Morgan: Preparing for Possible USDA Acreage Surprises Next Week
USDA reports have the chance of throwing out some surprises. So, what may some of those surprises be when UDSA releases its Prospective Plantings report next week? U.S. Farm Report analysts weigh in.
Wheat Nears 3-month Low on Supply Prospects; Soy, Corn Also Decline
U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said.
Shipping Costs Surge, Causing Farm and Ranch Supplies Prices to Climb
Problems at ports are magnifying a surge in container shipping costs. And those costs are now showing up as farmers and ranchers source farming supplies.
Profit Tracker: Cattle in the Red, Hog Rally Continues
Average feedyard margins slipped below breakeven for the first time this year, with calculated losses of about $1 per head. Hog producers found average profits of $56 per head as the rally in hog prices continued.
Hogs and Pigs Report: Opportunity Ahead to Recapture 2020’s Losses
A shocker. A game-changer. A surprise. In USDA’s March 1 Quarterly Hogs & Pigs Report, analysts agree this very bullish report changes the outlook perspective.
Dan Hueber of The Hueber Report, Darin Newsom of Darin Newsom Analysis and Philip Shaw, Agricultural Economist of Dresden Ontario Farmer talk markets this weekend on U.S. Farm Report.
