#577 - “Market Madness” - Weekly Market Outlook: April 1-5th

Joe visits with Chris in this week’s weekly market Outlook. Joe breaks down the numbers from the crop production and supply & demand reports. Chris quizzes Joe on what the potential acre mix could mean to the markets moving forward in the next couple of months. Demand continues to be extremely dismal with no changes expected. Weather is still a potential threat within key production areas being very dry; however, markets are unlikely to move without BIG production issues. If production issues do arise, they will likely be short-lived, in terms of pricing opportunities. Joe points out that producers will need to be aggressive to take advantage of profit margins, if and when they come. Chris and Joe wrap up the conversation, talking about outside markets, including interest rates, energy prices, and currencies.