UGLY DAY ON SURFACE BUT SPREADS TELL DIFFERENT STORY

AUDIO COMMENTARY

  • Ugly price action on the surface today, but spreads indicate higher prices.

  • Spreads continue to be super bullish but haven’t mattered thus far

  • Signs of demand & tightness in old crop

  • Will we see some areas have to replant corn

  • Opportunity coming this summer. Be ready to hedge and take advantage of the rally when it happens.

Listen to today’s audio below

4-21-23

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3-DAY SELL OFF CONTINUES

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PATIENCE & SEASONAL OPPORTUNITIES IN THE MARKET