Monday December 21, 2020

  • Mixed this morning after testing higher overnight
  • New stran of the coronavirus has been detected in the U.K. 
    • Any new unknown related to this pandemic causes nerves in the marketplace 
  • China resumed state corn sales last week 
  • IKAR cut their estimates for 2020/21 Russian wheat exports from 40 MMT to 37.5 MMT due to the tariffs that will be put in place this spring
  • Brazil continues to have good moisture in this weeks forecast where Argentina appears to remain dry leading into the 10 day