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Corn and Soybeans Surge Amid Tariff and Weather Woes

1/25/2025

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Summary

Story summary

Corn and soybeans are defying tariff uncertainties and weather worries in South America, with prices on the rise. Jerry Gulke from the Gulke Group suggests this resilience hints at a potential bull market. Meanwhile, traders are shifting their strategies, moving from short to long positions, fueling optimism, while wheat struggles under heavy short positions.

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Story summary

Corn and soybeans are defying tariff uncertainties and weather worries in South America, with prices on the rise. Jerry Gulke from the Gulke Group suggests this resilience hints at a potential bull market. Meanwhile, traders are shifting their strategies, moving from short to long positions, fueling optimism, while wheat struggles under heavy short positions.