BASIC & RECENT MARKET INFO

Tidbits USDA reported yesterday morning China canceled their purchase of 130,000 mts of old soft red winter wheat.   China’s exports and imports for the first two months of the year were above expectations. This is viewed as an indication that demand may be improving, and the Chinese government has been attempting to speed up its economy. Exports were up 7.1% from a year ago, while imports were up 3.5% as compared to the same period last year. Dr. Michael Cordonnier reports t