Wednesday April 20, 2022

  • Markets lower this morning with an overall lack of fresh news for the bulls 
  • Old crop soybeans the only commodity to be able to keep its trade in the green this morning as China continues to pick up U.S. soybeans 
  • Forecasts warming up for over the weekend but enough rains are expected to keep farmers out of the fields with temps then turning cold again into next week 
    • Expecting a May start to the bulk of planting in the Midwest 
  • The war in the Ukraine is keeping speculative interest in the Ag commodities as a “safe” house for outside money helping to inflate the prices even further as we get into planting