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AgDay Daily Recap -February 27, 2014

February 27, 2014
 
 

TODAY ON AGDAY

FEBRUARY 27, 2014

 

SOYBEAN PRICES:

PLENTY OF ISSUES FOR GROWERS AT THIS YEAR'S COMMODITY CLASSIC.

OATS:

OAT FUTURE CONTINUE TO STIR UP THE MARKET. MARCH CONTRACTS CLIMBED AGAIN WEDNESDAY PAST FIVE OH FIVE MARK. WHILE MAY CONTRACTS ENDED THE DAY DOWN AFTER SETTING A NEW HIGH THE DAY BEFORE. RAIL CONGESTION IN CANADA IS SLOWING SHIPMENTS OF THE GRAIN. THE COMMODITY IS UP ABOUT 30 PERCENT ON THE YEAR.

COMMODITY CLASSIC:

GRAINS ARE FRONT AND CENTER THIS WEEK AT THE ANNUAL COMMODITY CLASSIC. MORE THAN 6-THOUSAND GROWERS ARE EXPECTED TO BE ON HAND THIS YEAR IN SAN ANTONIO TEXAS. AS NATIONAL REPORTER TYNE MORGAN TELLS US, THERE IS NEVER A SHORTAGE OF TOPICS FOR GROWERS TO DISCUSS.

CROP WATCH:

WILL ANY LATE SEASON SNOW PROVIDE MUCH HELP TO DROUGHT-STRICKEN CALIFORNIA? MIKE HOFFMAN HAS SOME ANSWERS IN CROPWATCH.

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