Monday March 28, 2022

  • Market down to start the week but still within recent trade ranges
  • Markets focus this week will be on Thursdays USDA report 
    • We will get updated planted acres estimates as well as quarterly stocks numbers
  • No changes overseas this weekend as the war continues on 
  • Concerns starting to bubble into the marketplace over spreading COVID through China 
  • Ukraine’s Ag Ministry reported an estimated 5.99 million hectares of expected spring planted crop – down 1.689 million hectares from last year due to Russian occupation 
    • First challenge will be planting the crops, then getting the needed inputs, then harvesting the crop and finally trying to export depending on the duration of the war