Wednesday March 30, 2022

  • Markets feeling a bit of relief this morning after a tough start to the week
  • Markets preparing for USDA acreage report tomorrow – bracing for maximized acres 
  • Losses in the wheat market seem to have leveled out after being lead by what seems to be movement in the right direction for a ceasefire in the Ukraine this week as Russia had promised to scale back military in Kyiv 
    • Overnight markets coming back as tensions are on the rise again in the capital city 
  • Continuing to see new crop soybean sales from the U.S. helping to contribute to the positivity in the market