5-8-23 Mike Zuzolo, Global Commodity Analytics, joins the Fontanelle Final Bell for Monday. The grain market is off to a mixed start with KC and Minneapolis wheat ending in the green. Corn, Soybeans and Chicago wheat end in the red. The market is showing some early positioning for the WASDE report on Friday. Intra-commodity spreading also highlighted that old crop supply concerns far outweigh new crop demand. Meanwhile Tyson quarterly financials may highlight consumer concerns at the meat counter.
