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4/18/24
Corn down 4, Beans down 15, Wheat down 1
Crude Oil-82.73 up .04
US Dollar-106.15 up .20
Dow Jones-37,775.38 up 22.07
Grains lit the board in red after making mild inroads yesterday. Beans were smoked by aggressive Brazilian farmer selling. The mix of Brazil beans hitting the market and an unaggressive buyer in China is not going to lead us to higher prices. Corn planting is ahead of schedule and rain is falling across the belt; crummy prices are somewhat anticipated with that ideal combination. Wheat continued its sideways trend with little news to get excited about.
Brynna
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