Corn closed today off session lows but still down 3-4 cents. Beans had a better day, rallying back off the lows to close mixed. There was talk about the truckers strike in Brazil heating up again, and that gave beans some life.

For the week it was ugly, beans were down 51 cents a bushel. Corn held better, closing down only 5 cents a bushel for the week. The other key focus this week was the dollar index. It had a big rally higher, making our corn and beans more expensive on the world market.

While traders focus on the value of the dollar you have to keep it in perspective. One day this week the dollar had a big move up of 120 points. If you do the math, that would mean beans were 19 cents a bushel more expensive to foreign buyers. Remember, we were down 51 cents for the week!

Next week we get the USDA Supply Demand Report, and on March 31 we get one of the biggest reports of the year, the Perspective Plantings Report and the Stocks Now Positions. The number of acres of corn, soybeans and other crops the USDA anticipates will be planted in 2015 and how many bushels of corn and soybeans are in storage can be market movers.

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