Thursday April 14, 2022

  • After a red start to the day all commodities managed to close higher yesterday, pushing even higher on the overnights but settling down just into the red this morning 
  • Markets will be closed tomorrow for the Easter long weekend – expected to be a quiet trade today as speculators square up their positions before the extended break 
  • Weekly U.S. export sales were decent this week, landing mostly all as expected 
  • Tomorrow NOPA will release their soybean crush numbers for March – expecting an increase from February and last March in the 182 million bushel range
    • Highest number for the month of March historically took place in March 2020 reaching 181.4 million bu 
  • Rains remain scattered in the Midwest with cooler temps set to take over this weekend