Wheat Market Outlook - March 27, 2023

from Wheat Market Outlook · host Sask Wheat

The USDA planting intensions report is out on Friday. In Mercantile’s view, new crop values suggest more corn/spring wheat and fewer soybean acres. However, it remains to be seen what the USDA gives the market. Russian and its Black Sea politics will continue to play a major role as the Northern Hemisphere winter growing and spring planting seasons get underway. If China continues buying USA corn, Mercantile predicts futures will be higher.

Episode metadata supplied by the publisher feed · Published Mar 27, 2023

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Wheat Market Outlook - March 27, 2023

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