Monday April 11, 2022
- Wheat and corn still forging higher this morning with soybeans sitting just below unchanged this morning
- Friday’s USDA was a nonevent in the market place not holding any ground breaking news
- Still no early planting talk in the mid-west at this point, with an overall wet cool next 10 days in the forecast – keeping corn supported knowing it needs all the acres it can get planted and in the best conditions possible
- Ukraine remains optimistic they will get 70% of intended crop land planted this spring – but the outside markets estimates are a little less rosey currently predicting about 60% – their planting window will begin in the next month – a very similar planting window to North America