After the USDA Ag Outlook Forum released corn planting intentions at 94 million acres and ending stocks over 1.9 billion bushels, Jerry Gulke, president of the Gulke Group, turned bearish. His outlook is still bullish, though, because of strong demand.
How Farmers Can Navigate the Trade Turbulence in the Markets
As President Trump announced more possible tariffs this week, Canada and the EU hit back with retaliatory tariffs. The commodity markets continued to trade those headlines, which sparked more volatility. How can farmers navigate through it?
According to the Department of Government Efficiency website, these offices are located in 40 states, and the total savings from this move would add up to more than $60 million.
La Niña is weakening, and NOAA expects neutral conditions to develop in the next month. But even with La Niña fading, meteorologists are concerned about drought this spring and summer.
While many farmers are comparing the current threats of tariffs and trade wars to the situation they endured in 2018, Joe Vaclavik believes this time will be better.
