Wheat Market Outlook - April 3, 2023

Mercantile believes the market will center more on weather and what happens to the Black Sea corridor after the 60-day extension. It will be a short week in because of Good Friday. However, weather, Trump’s surrender in New York, and more on the banking crisis could keep markets volatile. Mercantile believes futures could gain a bit. – Mercantile is sold out of old crop and will wait before selling additional new crop.