Tuesday March 8, 2022

Wheat complex continues to try to find its bearings among extended limits this morning with pressure on the down side after almost a week of prices rocketing straight up
The global wheat supply issues are far from solved but the market is using todays lack of fresh news as an excuse to trade lower
Expected to get an announcement from the U.S. on plans to ban Russian crude oil imports
South American weather seems to be turning around with some beneficial rains falling in Argentina helping to improve their corn crop conditions
Soybeans moving higher today in hopes of seeing further reductions in Brazils production in tomorrows USDA report