Monday July 20, 2020
- Crop making rains on tap for the corn belt during pollination taking a chunk out of the corn market this morning
- China continues to buy U.S. soybeans as Brazilian supplies tighten into the fall
- Private analyst Safras & Mercado estimate Brazil’s 2020/21 soybean crop to be up 5% year on year to 131.7 MMT
- Despite a steady steam agriculture exports military tensions continue to rise between the U.S. and China