Monday May 9, 2022

  • Corn and soybean markets being weighed down by what looks like a near ideal planting window in the Midwest this week 
  • Expecting modest progress in the planting campaign to be released this afternoon – with the big jump expected a week from now 
  • Wheat prices remain supported as Russia continues to target Ukrainian ports and infrastructure needed for their export program 
  • USDA report will be released Thursday with monthly supply and demand reports as well as the first projection into the 2022/23 balance sheet