Grain markets are mixed today with as Chinese buying of corn and barley exports continues, but bearish weather is keeping a lid on things.
Grain markets are mostly in the green today as fresh Harvest 2019 data from Australia was made available and increased trade risk adds to technical selling.
Grain prices are in the green today this week’s focus reverts from the WASDE report to weather, notably in Australia and North America.
Grain prices this morning are mixed ahead of the Easter long weekend, which gives us a moment to reflect on some macro trends, namely canola exports today.
Grain markets are mostly in the red today, with only corn prices finding a bid, which has had me thinking more about feed barley prices.
Grain prices are pulling back from their day in the green yesterday, as profits are being taken off the table.