Play Turner’s Take Ag Marketing Podcast Episode 351
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Favorable Midwest weather is great for new crop corn and soybean planting and pressuring prices to start the week. The dry weather is not good for HRW wheat (KC) as drought conditions worsen. Russia is playing hard ball again in the Black Sea to continue the Grain Export Corridor agreement. The markets should be mixed as we head into the WASDE tomorrow, 4/11 at 11am CT. Historically the April WASDE is not a major report but the USDA is expected to reduced S. America production, which could increase US export demand and therefore reduce US and Major Exporter ending stocks. Make sure you take a listen to the latest Turner’s Take Podcast!
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