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Gary's Blog 03/18/24 1:31:51 PM
3-18-24 Markets were mixed to start off the week as wheat was the only grain to finish in the green. Weekend drone strikes made headlines as the Russia/Ukraine situation escalates. Soybeans finished 10 cents lower while corn was just below unchanged. The all-important acres report is just 8 trading days away and traders seem content to see how that plays out. Most look for a sideways trade unless something spooks funds into short covering mode. Below normal temps for most of the Midwest the next 7 days but beneficial rainfall for Iowa is forecasted.
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