Ag Commentary

John WalshGrains

There is not much new today. The Sales are continuing to run at a healthy clip. Will south America cut the US out soon. This is more currency related. The reality is the domestic and global supplies are large. record large if planting goes well. the price level should prove difficult to maintain. The meal market probably has the most risk given the available protein sources.  We are early in the planting season, so patience is required. Rallies should be viewed as opportunities to the producer. This blog is pre planting progress. Looking for a healthy pace with a few areas hindered due to weather. The corn situation may add a few bean acres.

Be Well