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Herbicide Resistance

 
First off today, weed resistance has been an issue in crop production for many years but is coming to the forefront as increasing numbers of weeds are no longer responding to herbicides. Harry Brook, crop specialist at the Ag-Info Centre, says that most producers are aware of the issue but, unless it affects them directly, don’t see it as a huge issue.
 
Interview with Harry Brook (3:12 minutes) (1.47 Mb) 
Source : Agriculture and Forestry

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Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.