Fed Injects Massive Amount of Cash Amid Dysfunctional Treasury Markets; US Demand Considerations Worsening; Market Needs to Produce Margin

  CBOT ag futures are lower at midday amid the ongoing bruising that world financial markets are enduring. The DOW is trading with losses of nearly 2,000 points at its lowest levels since early 2019. CME livestock futures are limit down amid the concern of slowing consumer demand. Argentina is becoming more aggressive with its…

USDA Offers a Yawner for the March WASDE; Brazil & Argentine Soybean Crop a Combined Record Large 180 MMT’s; DOW Gives Back Early Gains

USDA March Crop Report Analysis: The March USDA Report is normally non-inspiring and today’s report followed without any surprise. The CBOT is unmoved following the report and price direction will go back to focusing on the macro markets and potential slowing of the world/US economic outlooks. WASDE left 2019/20 US wheat, corn, soybean end stocks…