Wednesday December 16

  • Soybeans moving higher again today encouraged by strong crush usage as well as concerns in South America
  • Brazil receiving some moisture as Argentina remains dry¬†
  • Argentine ports facing a workers strike freezing all movement at the ports
    • 85 ships are currently docked awaiting loading while 44 more wait for spot to open for them
  • NOPA November crush numbers came in yesterday at a record for the month at 181 million bushels¬†