Weekend Market Report

Stay updated on grain markets with AgWeb’s Weekend Market Report by Jerry Gulke, president of the Gulke Group.

Beans were down for the week, off new highs but closing lower than a week ago which gave us some technical signals. That’s important says Jerry Gulke, president of the Gulke Group, here’s why.
COVID-19, freeze risks, USDA report and government influence on agriculture are all weighing on the markets this week.
What should have been good news for the grain and oilseed markets ended up having the opposite effect as we ended the week down, sharply down some cases says Jerry Gulke, president of the Gulke Group.
“The bottom line is that we ended an era and started a new one,” said Jerry Gulke, president of the Gulke Group in Chicago, speaking on Farm Journal Radio with Pam Fretwell. “We’ve ended 10 years of zero interest rates. ... That rodeo is over.”
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