oilseeds

Talks between the UN and Russia about a “grain export corridor” brought wheat prices down this week. We are skeptical a deal gets done based on how Russia has conducted itself with the war and their stance on suppling energy to Europe.

Play Turner’s Take Ag Marketing Podcast Episode 311 If you are having trouble listening to the podcast, please click here for Turner’s Take Podcast episodes!

The USDA’s May WASDE was bullish for wheat and corn

Wheat Leads Ag Markets Higher

ND farmers have until May 20th to plant HRS wheat before Prevent Plant becomes an option

Fed Chairman Powell said taming inflation is “absolutely essential” and the market is pricing in a 50 basis point interest rate hike for the next FOMC meeting in May. 

Bank of Canada Raises Interest Rates 0.50%; Fed Expected To Do The Same

It has been a record travel month for me professionally.  I guess COVID is over because it seems like travel restrictions are coming to an end, US states and foreign nations are easier to travel to, and Corporate America is back to bank on the road. 

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