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Weekly Grains And Oilseeds Market Summary

 
First off today, as we do every Friday, we get an update on the grains and oilseeds markets. Joining us on the line is Errol Anderson of ProMarket Communications in Calgary.
 
Interview with Errol Anderson (2:35 minutes) (1.18 Mb)
Source : Agriculture and Forestry

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.