Market Thoughts 4.09.23

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May corn lost 17’0 cents this week to close at 643’4, undoing nearly all of last week’s 17’4 cent gain in the process. May beans hit 1527’6 on Sunday night, capping off a rally of over 120 cents in just seven trading sessions, before trading lower the rest of the week and closing down 13 at 1492’4. May spring wheat closed down 23’6 at 872’0 after hitting 913’0 on Sunday night. Vacation-shortened commentary this week but a couple things to weigh in on… We had made the case last week for grains to stay steady/higher over the next month, noting […]
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In this video message, we discuss the current market trends and risk management strategies in the agriculture industry. We provide important data on corn and wheat prices, as well as insights into the impact of weather conditions on crop yields. We also highlight the significance of managing pricing components and offer recommendations for hedging strategies. This video aims to provide valuable information for viewers to make informed decisions in the agricultural market. https://www.loom.com/share/936f2c0072344eee8facdfce75b2f02e?sid=5e07b694-ef60-4f46-9228-fd7c69381cb2

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