100-Dollar-Ideas
Improvement in beef demand should be around the corner as warmer weather arrives.
The deck is stacking against the downside for crude oil, heating oil and farm diesel. We have suspected the February farm diesel price low would be the lowest price we see in 2016 and global production fundamentals support that position.
Half a century ago, my country was at war with America. Today, however, the Vietnamese see the United States not as an enemy but as a friend—and more important, as a leader on the global stage.
As of March 31, total stocks of Canadian wheat, canola and soybeans were lower compared with the same date in 2015, says Statistics Canada.
On the first day, overall the wheat looked as good or better than expected. Almost all wheat was between late boot stage and early flowering stage.
Michigan led gains in UAN solutions with a $5.92 uptick in the per ton price of 28% as most states were less than a dollar lower. Currently, UAN solutions pose the greatest threat to the upside as corn will soon emerge in earnest and sidedress activity will prolong spring demand.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.