03/20/26 Spring Comes in Like a Lion for Markets

Morning Market Talk Below, you will find today’s installment of Morning Market Talk. You can copy and paste the link below for this morning’s episode.   https://youtu.be/wunlA8_6ncA?si=dywU-PonS4rdOPYF   We have heard reports that some growers in southern Illinois are unable to obtain fertilizer regardless of prices, and therefore are cancelling corn seed orders switching to beans. If any of our readers can shed light on this, please let us know.   On the Grains Today is the spring equinox bringing sunlight for half of the day. The flip from blizzard to 70 degrees was fitting for the transition into spring and into the developing planting season. Markets now have a test of the new crop outlook with survey results from the Prospective Plantings report coming on March 31. Traders will still keep plenty of attention on the old-crop for what the Grain Stocks report says about usage and the state of the cash market. Price action as of late reflected that there was both relatively more old-crop corn left over for farmers to sell and more acres shifting to soybeans this spring. This afternoon’s report will cover what the spreads are signaling about the old-crop/new-crop dynamics and what to do…