Play Turner’s Take Ag Marketing Podcast Episode 347
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The grain and oilseed markets may have put in a winter/spring seasonal low this week. The Ag Forum reminded everyone ending stocks will increase year-over-year for many ag markets. S. America crop production losses are mostly priced in with Arg soybeans around 30 MMT and corn at 40 MMT. Seasonality tends to turn bullish for corn, wheat, soybeans, and canola in March, April, May and into June. Our long term view is bearish as commodities tend to revert back to the mean, but we could see some upside during the planting and growing season. Make sure you take a listen to this week’s Turner’s Take Podcast!
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