
Analyst Jerry Gulke argues the grain breakout in the week ending March 6 was brewing before the Iran war and crude rally. Corn, soybeans and wheat posted new highs for the move and the calendar year, while soybean meal lost ground.
Gulke sees a longer-term bull market in grains driven by value-added demand trends rather than only war headlines. Buyers should expect firm grain prices even if geopolitical tension eases.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.