The next USDA report is Grain Stocks/Prospective Plantings, March 29th.
Market Comments for March 21, 2019
Rumors this afternoon of China inquiring about U.S. corn gave the grain market a boost today. Without China, our export demand for corn and beans continues to look weak with demand shifting to South America. Corn prices could also see some carryover from the rallying lean hog market due to ASF removing more than 30% of China’s hog production. President Trump indicated yesterday that the U.S. could leave the current tariffs on Chinese goods in place for a “substantial period” to help ensure that China remains compliant with the terms of a trade deal, if one is reached.
COMMODITY PRICE UPDATES EVERY WEEKDAY
Listen to WBGU, 88.1 FM, Monday - Friday mornings at 7:55 a.m. Mike Leady, Bascom Branch Manager gives commodity price updates every weekday.
Give us a call at 419-353-6608 for more details on current grain marketing alternatives, or to schedule a farm visit.
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