Tuesday April 6, 2021

  • Markets continue to hold strength as the acres reported last week concern the supply and demand balance sheet for both soybeans and corn 
  • USDA will release its monthly supply and demand balance sheet this Friday as the first report using last weeks surprising low acreage numbers for corn and beans
  • Winter wheat prices happily being kept afloat by strong soybean and corn prices despite improving conditions ratings coming from the U.S. 
  • AgRural estimating Brazilian soybean harvest at 78% complete with safrinha corn planting virtually done