Ag Commentary

There is not much to say going home tonight. The market was essentially either side of unchanged all day. the USDA will release its report on Thursday. This will drive direction in my opinion. There is question regarding production and demand and what the government will do. The weather also remains debatable. The Midwest has received ample rains hence the weekly condition increase. The west remains dry but relief is in the forecast. This is eagerly anticipated. And if received will continue to make improvements in the weekly ratings. The reality of the market is the global scenario is well supplied. The US harvest should add pressure to prices. Quantify your risk

Be Well