March 19, 2020
Dec 31st
Nov 7th
Oct 10, 2019
July 31, 2019
June 21, 2019
April 23rd
March 6, 2019
Dec 24, 2018
Dec 6th 2018
August 30, 2018
April 16, 2018
January 12, 2018
Nov 17th
Oct 5, 2017
Aug 1st
May 31st 2017
May 8th
March 29, 2017
January 11, 2017
Dec 16, 2016
Nov 16th
Oct 4, 2016
July 1st 2016
June 17, 2016
May 23, 2016
April 25, 2016
March 29, 2016
March 1, 2016
Feb 5, 2016
Jan 15, 2016
Dec 23, 2015
Nov 13, 2015
Oct 29, 2015
Oct 2, 2015
Sept 22, 2015
Sept 4th
Aug 12th
Aug 3, 2015
May 26th
May 6, 2015
April 3rd, 2015
January 7, 2015
April 23rd  04/23/19 3:52:37 PM

It’s taken a while but spring is here.  Just like every year, it does eventually arrive.  Sunshine and a little wind are what we need.  It does sound like the ground is getting more fit every day.   NH3 issues should be coming to an end.  I’ve seen a few corn planters rolling.  More and more will start to show up as we move into May.     
Corn and bean basis values continue to improve with no farmer selling and lower futures.  We can’t predict where the lows will be on the charts.  New contract lows were made today on May corn.  The managed money accounts are short corn and beans.  The corn position is a record.  The bean position has room to add more shorts if the market warrants the move.  The China trade “deal” is probably further from being settled than what’s being talked about in the news.  The ASF outbreak in China has been found throughout the country.  That will definitely put a damper on their feed usage.  The corn and bean crops in South America aren’t getting any smaller.  Our corn is more expensive than SA and Ukraine’s.  Our bean export figure will probably be lower than the April 9th guess from the gov’t .  
The next Gov’t report will be released Friday May 10th at 11:00 am.
Please be safe this spring.  Look out for the other guy and get the sleep your body needs.  You always get the crop planted.  Some years a little earlier than others.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN