The wheat markets had losses of 15 to 26 cents last week. The winter wheat markets had the larger losses due to beneficial rains in much of the winter wheat belt and losses in the corn market. Minneapolis wheat had lighter losses due to strong export sales and lingering concerns about dry soil conditions in the Northern Plains. Markets will likely spend this week positioning ahead of the March 30 reports.
Buyers who call Johnstown Bean Co. get a field report on the pinto and black turtle bean harvest from Jim Karley.
The owner of Johnstown Bean Co. not only sells edible beans across the United States and around the world, he grows them. During late September Karley spends most days in the cab of the combine harvesting the 2,000 acres he planted this spring.
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