Jerry Gulke: Wet Weather Trumps Acres

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Spring Wheat Crop Quality Tumbles, Some Farmers Abandon Fields

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Jul 10, 2021

Jerry Gulke: Wet Weather Trumps Acres

The Acreage report lit up the grain markets last week, with USDA calling for lower corn and soybean total acres in 2021. Unfortunately, those market fireworks have fizzled.

Did Rains and Wetter Weather Forecast Kill the 2021 Bull Market for Corn?

Not even a week after USDA released its June Acreage Report that shocked the market with fewer acres, prices reversed. After the holiday weekend, weather forecasts turned wetter and corn prices closed limit down Tuesday.

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What’s Up with the Ag Job Market?

40% of respondents seeking an agriculture job in our Ag Labor Survey say it’s easier to find a job right now, while 85% of employers say it’s harder to fill a job than in previous years. How does this stack up to your experience? Take the survey to share your opinion.

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Spring Wheat Crop Quality Tumbles, Some Farmers Abandon Fields

Hard Red Spring wheat ratings in the good to excellent categories dropped from 20% to 16% this week, compared to a five-year average of 66%.

The Global Ag Demand Equation: GDP and COVID-19 Cases

The global economy’s slow-and-steady rebound from the COVID-19 pandemic is good news for U.S. agriculture.

Beef, Pork Exports Set New Records In May

Pork export value exceeded $800 million for the first time in May, while beef exports recorded the third consecutive month of value record highs, driven in part by record-large exports to South Korea.