Soybeans and soybean oil were higher on Monday along with the 6% jump in crude oil. The OPEC+ announcement of over one million barrels per day being cut from production was a surprise that added to money flow in grains and oilseeds. Corn and wheat closed well off the highs though and that was a disappointment. Livestock were lower as well on Monday.
We talk about markets with John Heinberg of Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.
Plus, a look at the weather forecast for the week ahead with more severe weather and snow on the way. Eric Snodgrass of Nutrien joins us to discuss the forecast. Sign up for his daily newsletter here: https://info.nutrien.com/snodgrass_weather
Today's program is brought to you in part by Growmark/FS; learn more online at https://www.growmark.com.