Articles tagged under: Jacob Burks

Planting at a Standstill

Published April 27, 2023

AgMarket.Net Market Analyst Jacob Burks says planting progress in the tri-state area of southern Wisconsin, northern Illinois and eastern Iowa has been at a standstill for the past couple of weeks. "You don't have to go too far from me…

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Burks Takes Partnership Role

Published April 12, 2023

Hedging strategist John Burks is now a partner with AgMarket.Net, joining Matt Bennett, Bill Biedermann, Jim McCormick and Brian Splitt. AgMarket.Net is the farm division of the John Stewart & Associates brokerage firm.

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A Different Dynamic

Published October 10, 2022

AgMarket.net market analyst Jacob Burks says the struggle to get grain moved down the Mississippi River is impacting grain demand. "With the river being so low, we're having difficulties to get Gulf bids to be aggressive." The wide basis at…

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Exports Influenced by Strong U.S. Dollar

Published July 8, 2022

The U.S. dollar is at a 20-year highs, slowing global demand for grains. "I think the bigger impact is when we start looking at competing against South America and their production," said AgMarket.Net market analyst Jacob Burks. Monetary policy will…

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Searching for Stability

Published July 6, 2022

AgMarket.net hedge specialist Jacob Burks says the grain markets are trying to find some stability. "The markets are trying to find that comfort zone. After a falling knife, where do we find that stability? That's what the market is fixing…

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More Demand for Lower Value Beef Cuts

Published February 23, 2022

The beef cutout values inverted on Tuesday with the Select cutout worth more than Choice. "Specialty cuts are not selling, and the cheaper products have higher demand," said Jacob Burks, market analyst, AgMarket.Net. "I made the comment that we should…

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Expect the Unexpected with the Soybean Markets

Published February 4, 2022

Supply chain fears are driving the grain markets. Market analyst Jacob Burks expects to see more unexplainable market swings. "We see a $1.65 move up in soybeans and a pull back wouldn't be unexpected. At times, it's not clear why…

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Tar Spot Remains a Problem for Eastern Corn Belt

Published September 25, 2021

Farmers in the Eastern Corn Belt are dealing with tar spot. Kluis Commodities market analyst Jacob Burks says the problem is widespread. "In southern Wisconsin we started seeing this at least two years ago. Every year since, this has been…

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Basis Levels Weakening Along Mississippi River

Published September 10, 2021

Kluis Commodities market analyst Jacob Burks says there are many different factors impacting Mississippi River basis levels, including the port damage at New Orleans. "On the river, we fell 40 cents in one day. Ethanol plants have been holding out…

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Volatile Summer Markets

Published June 24, 2021

Grain traders are reluctant to take large positions ahead of the planted acreage report. Kluis Commodities market analyst Jacob Burks says weather and acres will drive the market. "The realization when we look at what is actually put in the…

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