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Tidbits, Options Expiration, Economy 2/20/24

Highlights


European corn and wheat made new lows yesterday. Corn $4.29¼ per bushel and milling wheat $5.30 per bushel.

 

Yesterday afternoon, 247AG predicted Brazil will have a dry April; Eric Snodgrass said the same thing on 8 February. A dry April will be hard on the safrinha corn.      

 

Eduardo Vanin with Agrinvest Marketing of Brazil shared these main points from a conference call discussion yesterday (19 Feb) with 78 Brazilian producers, agronomists, and input dealers from BA, GO, MS, MT, and PR participated, along with agronomists and consultants.

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