World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and oilseed markets came back from the long Easter holiday weekend in a slightly bearish mode overnight and today with wheat the weakest. Weather forecasts are starting to look better as May approaches. If they prove to be accurate, corn and soybean planting should catch up quickly. That slightly bearish forecast coupled with little other news continues to pressure prices lower. Trading volume was light today. Much of Europe was still on holiday today and will continue to be through much of this week. Stats Canada will release its 2019 acreage estimates Wednesday, and the canola/spring wheat mix will be important with most analysts expecting less of the former and more of the latter. Crude oil markets were very strong today on comm...

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