Weekly Market Recap - AG INFORMATION NETWORK OF THE WEST
Markets were closed in observation of “Good Friday” so let’s go to Terry Roggensack with the CME Group to see where we left off.
Source: aginfo.net
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Markets were closed in observation of “Good Friday” so let’s go to Terry Roggensack with the CME Group to see where we left off.
Short term consolidation creates rally despite increased beef production.
Supply issues continue to be top of mind for Wheat and Corn, while Soybean demand picks up.
Grains moved higher, while cattle softened up to finish the week.
Soybeans recovered following March 1 stocks report, showing new crops forecast much higher than expected.