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Acreage Battle starting?
Monday, February 13, 2023 at 3:38:12 p.m. UTC
Money Making Mondays
Top 3 – Things to Watch this week:
1. Wheat firm on Ukraine / Russia tensions which could shut down black sea shipping in the near future.
2. China has made the announcement to reduce its need for foreign supplies of soybean.
3. First signs of acreage war in the USA. Soy vs Corn
This week’s Action Item:
Kansas Wheat clawed back to 9.00 on the March futures. This is a good sign. This is an opportunity to price some wheat if you feel underpriced. It seems that elevators are not aggressivity grabbing targets, but instead letting the futures do the work.
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