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Money making mondays feb 6

Monday, February 6, 2023 at 3:39:25 p.m. UTC

Money Making Mondays

Top 3 – Things to Watch this week:

1. Wheat firm on technical buying and strong global demand for imported grain.

2. Rising U.S.-China tensions. Re: weather balloon incident last week.

3. Expect an acreage war to start early this year. Farmers are already talking about more corn.

This week’s Action Item:

Canola clawed back to 830 on the May futures. This is a good sign.  This means $19/bu should be achievable at most elevators.


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