Closing Chatham elevator bids

-Green across the screen at the close today, corn, soybean, and wheat futures all closed higher.

-US Ethanol report for week ending April 11th, showed production down 0.9% week over week, and down 4.2% from the same week last year. Ethanol stocks were also down week over week, but were within trade estimates.

-US equities were lower today, with the NASDAQ seeing the biggest dip of -4%.

-Trade/tariff news from China is that they are willing to enter into talks with the US, but asking for the US to show more respect, and show more of a consistent position regarding trade.

-The weather outlook for Brazil is showing more dryness then previous, it is estimated that 15% of the safrinha crop could be at risk if weather stays completely dry in May.

Have a good night.

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USDA reports and schedule

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