• Are the Grain Markets Acting Unusual? Bower & Vaclavik Disagree

    4 days ago - By Farmers Feeding The World

    Commodity analysts live by the mantra “Big crops only get bigger,” and that appears to be the case in 2017. USDA boosted corn, soybean and cotton yields as well as production numbers this week. The revised numbers came in above the average trade guess and larger than August's crop production numbers.
    Despite the report initially sending bearish waves through the markets, grain prices turned a corn mid-week, posting green on the Chicago Mercantile Exchange . Jim Bower of Bower Trading is deeming 2017 as a “very unusual year” on U.S. Farm Report this weekend, while Standard Grain's Joe...
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  • Gulke: Soybean Market Shrugs Off Negative USDA Report

    4 days ago - By Farmers Feeding The World

    This week's latest batch of data from the federal agency didn't destroy the commodity price outlook, as soybeans rallied off of recent lows, says Jerry Gulke, president of the Gulke Group.
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