Loading…
Jerry Gulke says grain markets are bearish due to slow progress on tariff and trade deals and uncertainty over biomass-based diesel blending mandates. July corn fell 6¼ cents for the week, with new-crop December corn making a new low for the year.
Soybean oil and soybeans sold off late in the week.
Doubts over trade purchases and biofuel mandates weigh on corn and soybean oil demand, keeping feed and oilseed prices under pressure until firm deals emerge.
agweb.comMay 16, 2025After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
