Opinion
Grain markets ended the second week of March in the red as the complex sold-off alongside oil and equities as panic-selling was the only trend to speak of. Corn and wheat futures were able to rebound a bit on Friday, but May soybeans fell to new contract lows on demand fears and some better weather in South America. Amidst the chaos of the oil markets and coronavirus quarantines, the USDA put out their March WASDE report but it was largely a non-event. While it was blip on most investors’ screens, the March WASDE didn’t have very many changes in it.…
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