AgDay TV Markets Now: Don Roose, U.S. Commodities says soybeans close higher as Conab production cuts trump WASDE data. So is the market trying to bottom?
As the week begins, Brian Splitt, a broker with Allendale Inc., and Tommy Grisafi, branch broker of Advance Trading, are talking to AgDay host Clinton Griffiths to discuss what they’re watching in commodity markets.
Farmers in Canada, the world’s top canola producer, will probably be able to sow grain and oilseed crops early this year because warmer-than-usual weather is forecast for the spring.
While the acreage mix is expected to remain fairly steady this year, there is one issue that can’t be ignored: a cold spring and the possibility of late planting.