The soybean/corn price ratio certainly supports a shift in area from corn
to soybean planting this spring, but it will need to be monitored for signs of
that transition being too great.
BCanada Markets
Both the live cattle and feeder cattle contracts were able to close higher
Monday afternoon, but with choppy boxed beef prices, historically slow
throughput, and cash prices yet to be determined, the week still has some
challenges ahead.
BSort and Cull
The May soybean futures chart appears to be forming a bear flag pattern
that typically indicates a downward resolution. However, chart patterns are
certainly not always highly reliable and there are outside market forces
controlling the narrative on grain and soy lately.
FTechnically Speaking
Recent Sales Results From Osborne and Russell counties, Kansas; Grant
County, Minnesota; Grand Forks County, North Dakota; and Union County, South
Dakota
I^Landwatch Weekly
March 24 is National Ag Day. Join DTN and Progressive Farmer in
celebrating what farm and ranch families bring to our nation and the world.
BEditors' Notebook