DeLoss Jahnke

Bloomington

Anchor and Editor at FarmWeekNow (RFD Radio Network)

AgriBusiness Director at WMBD-TV (Peoria, IL)

AgriBusiness Director at WIRL-AM (Peoria, IL)

Anchor/Editor at @FarmWeekNow. #Ag broadcaster and advocate. I also like @Royals and @KState

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Articles

Joe Camp speaks with RFD Radio on market's 'huge reversal'

2 weeks ago | farmweeknow.com | DeLoss Jahnke

CommStock Investments Director of Managed Programs Joe Camp spoke with RFD Radio's DeLoss Jahnke after the markets closed Wednesday. Your browser does not support the audio element. The following has been lightly edited for clarity. JAHNKE: If not a 180 [degree turn] today, it was pretty close, wasn't it? CAMP: It was. It was a huge reversal for the stock market. Of course, a lot of eyes on equities as they faced a historic route last week.
Joe Camp speaks with RFD Radio on market's "huge reversal" Wednesday

2 weeks ago | farmweeknow.com | DeLoss Jahnke

CommStock Investments Director of Managed Programs Joe Camp spoke with RFD Radio's DeLoss Jahnke after the markets closed on Wednesday. The following has been lightly edited for clarity. JAHNKE: If not a 180 [degree turn] today, it was pretty close, wasn't it? CAMP: It was. It was a huge reversal for the stock market. Of course, a lot of eyes on equities as they faced a historic route last week.
Q&A: IFB President Brian Duncan on reciprocal tariff announcement

3 weeks ago | farmweeknow.com | DeLoss Jahnke

Illinois Farm Bureau President Brian Duncan joined RFD Radio Thursday to discuss the Trump administration’s newly enacted reciprocal tariffs on more than two dozen countries across the globe. President Donald Trump announced the tariffs Wednesday.
Profit Watch: Proposed Port Fees

3 weeks ago | farmweeknow.com | DeLoss Jahnke

Tariff talk has certainly dominated headlines over the past couple of months, and understandably so. But there’s another issue that is also top of mind in agriculture, especially for commodities that rely on exports for price supports. The Office of the US Trade Representative in February announced a plan that would place a $1 million port call fee on ships operated by Chinese companies. Shipping lines ordering more than fifty-percent of its new vessels from China would also have a similar fee.
Profit Watch: $10 soybeans

4 weeks ago | farmweeknow.com | DeLoss Jahnke

Nearby May has drifted into the 9s in the last two sessions. Markets are expected to be relatively quiet until Monday, which is the day for the quarterly grain stocks report and USDA’s Prospective Plantings report. Both of those releases could have significant market consequences. As we wait for Monday, soybeans have been slowly drifting lower. Down for three days, up for one; then down three more days and up for one.
Profit Watch: Slow go this week

1 month ago | farmweeknow.com | DeLoss Jahnke

This week’s corn trade has been a pretty slow slog so far. May corn on Monday was up 2 cents, Tuesday it was down 2 and Wednesday it was up 3. May corn has alternated positive and negative closes for six consecutive sessions. There’s not much new news in the markets, and it seems that the current tariff situation has been baked into the market. It could very well be that we’re waiting for the big reports that will be released March 31.
Profit Watch: Stagflation?

1 month ago | farmweeknow.com | DeLoss Jahnke

Corn has lost more than 10 percent of its value since the fall from recent highs. On Feb. 19, May corn’s high was $5.18-3/4. Wednesday’s settlement was $4.60-3/4. New-crop December’s drop hasn’t been as steep, but it’s still lost about 30 cents during that time. At the same time, there were no changes to supply. This week’s World Ag Supply and Demand Estimates kept corn ending stocks unchanged from February, at a little more than 1.5 billion bushels.
Brooke Rollins addresses crowd at Commodity Classic

1 month ago | farmweeknow.com | DeLoss Jahnke

You are the owner of this audio. You have permission to edit this audio. Your browser does not support the audio element. USDA plans to distribute economic relief authorized last year by Congress through the Emergency Commodity Assistance Program (ECAP), Ag Secretary Brooke Rollins announced Sunday to the crowd attending Commodity Classic in Denver.
Profit Watch: $5 corn futures

2 months ago | farmweeknow.com | DeLoss Jahnke

The March corn contract took several runs at the $5 level. Last Friday’s high mark hit $4.99 per bushel. Finally, this week the market moved above $5 without flinching. The settlement of $5.02 was the first time the March contract had settled above that mark since May of last year. It was also the first time the front-month contract had settled above $5 since the fall of 2023. Six months ago, $5 would have been an ideal target.
Profit Watch: Marketing during tariff talk

2 months ago | farmweeknow.com | DeLoss Jahnke

Last week President Donald Trump announced tariffs would be in effect for Canada and Mexico, which were delayed a month, and he suggested China would also soon be issued some sort of tariff. During Trump's first term, tariff news sent markets spiraling down. This time, the news was expected and the markets held relatively firm. Soybeans have remained above $10 per bushel, even with a record Brazilian crop on the horizon and with questions about if tariffs will keep China away from U.S. beans.