Friday April 16, 2021

Markets sit near recent highs as we enter the last trading session of the week
As the forecast continues to look cold right through April the grain prices continue to rise to keep encouraging farmers that ‘even though its cold – as soon as you have the opportunity get corn and beans in the ground!’
Export demands seem to be slowing into the spring – which is typical for this time of the year
March NOPA Soybean crush number came in at 178 million bu – slightly below estimates but up from Februarys 155.2 million bu
Scattered rains across Brazil’s safrinha corn crop will offer limited relief to the overall dry crop