Wednesday April 14, 2021

  • Markets continue to strike higher – most notably new crop corn which barreled through the $6.00/bu mark yesterday 
  • Cold snap keeping prices supported again today with a cold dry 7-10 day forecast for the corn belt likely to keep planting at bay 
    • No concern yet that the 2021 crop wont get planted – but until the crop is made any potential threat is being taken seriously in the market
  • Brazils second crop corn still experiencing some dryness concern aiding in the corn markets rally this morning