wheat Brent #WTI

According to the US Department of Agriculture, during March 26- April 01, 2021 about wheat, net sales of 82,000 metric tons (MT) for 20/21-a marketing-year low-were down 67% from the previous week and 75% from the prior 4-week average. Increases primarily for SouthKorea (49,300MT, including 45,000MT switc. from unkn. destin. and decreases of 3,900MT), the

US and Europe markets were closed on Good Friday. Last week there was a big debate in the markets about US acreage/planting intentions. Agricultural markets anticipated 93.21 million acres of corn (37.6 million hectares, or almost 1 Mha more) and 90 million acres of soybeans (36 , 4 million hectares, ie 1 Mha more). The