3-28-15

First: BIG report USDA this Tuesday 31st

Second: this coming Friday is Good Friday, markets are closed.

Weekly Changes

CK + 6 cents SK - 6.50

CN + 6.25 SN - 5.75

CZ + 5.50 SX - 7.50

WK - 22.25 WN - 21.75 cents

4 Weeks ago the corn / bean ratio

2.34

2.35

2.33

2.28 Friday's closes

My positions are long 2 corn short 1 soybean for each increment and I'm riding it into the report

Some with the new corn limits of 25 cents like a 3/1 ratio. I'm playing the

old ratio I grew up with at 2/1. I was able to take profits on the outright long corn on Monday

last week as stated on last weeks grain comments. Bank that profit and take some risk off.

US Quarterly Stocks (trade est)

Wheat 1.140

Corn 7.609

Beans 1.346

Planted acres (trade est)

Corn 88.731

Beans 85.919

All Wheat 55.796

All cotton 9.829

Sorghum 8.129

IMHO I don't think we see a limit move up or down in corn. Many sell orders for old crop corn

and pricing of new crop above the market too. So if you need to sell some 14 corn or price some

new crop please have your orders in with co-op, elevator or brokers.

Outside markets and Weather will play roles also. Market reaction and close important to watch

Tuesday.

Enjoy the "March Madness