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