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As corn and soybean prices continue to trade in a narrow range, it’s easy to ignore the markets—don’t!
USDA’s end-of-March Prospective Plantings report always brings a few surprises. This year will likely be the same.
The long corn/short bean spreaders were caught again leaning the wrong way and the exit door wasn’t big enough to let long corn folks out quick enough.
The Delta farmer’s ardor for corn has cooled in the face of lower prices and high input costs. Soybeans, cotton and rice acres should gain as a result.
After all the hoopla about this morning’s USDA reports, we know one thing: They are outdated and they will change. Let’s look beyond the published numbers.
Russia’s Blizzard of the Century Is a Blessing for Wheat Fields