Mike Howlett of Top Third Ag Marketing says we have a weaker outside market at open today. Crude lower, gold higher, and European financials. It will be an erratic trade today. Crop condition report will come out after close (expected lower). Grain prices seem to be separating from the outside markets. For 2012 several other countries are planning to increase their acerage of crops to take advantage of high prices. High prices will increase supply and perhaps lower prices in 2012.
AgWeb Radio: Opening Commentary
Mike Howlett of Top Third Ag Marketing says expected open this morning: Corn dn 5-7, Bean 16-20 lower, and Wheat 9-11 lower.
Related Stories
Learn marketing and social media strategies for building trust and driving attention and bids to your auction, and find out how farm size and farmer preference are driving used corn head buying and selling activity.
If you have a long-term plan that includes goals for your business, and if making cash sales helps to advance your business toward reaching those goals, cash sales should be a celebration.
Read Next
As the Strait closure enters its tenth week, supply chain gridlock and policy hurdles suggest high input costs will persist through the 2027 planting season, according to Josh Linville, vice president of fertilizer with StoneX.
