A.M. Grain Market Commentary for 3/25/2013

AM Comments 03/25/13

Monday, March 25, 2013, 7:58 am
Submitted by: Dustin Weiner

Good morning!

Our markets are starting off a little lower this morning – a quiet start to what could be an eventful week.  The USDA report Thursday will be released at 11am – telling us stocks as of March 1 as well as acres.  Once that report is digested the market’s focus will shift to spring weather and planting progress.  Also – remember there are no markets on Friday (Good Friday).

The outside markets this morning are mixed.  The $US is steady while crude oil and the Dow futures are fractionally higher.  As for weather, March is on pace to be the 8^th coldest since 1895 in IL, IN and IA. 

Currently

Corn is steady to 3 cents lower

Soybeans are 5 to 7 cents lower

Current Snow Depth:

http://www.fccoop.com/markets/commentary_detail.cfm?CommentaryID=1646