Tuesday January 19, 2021
- Beans releasing some gains this morning after the extended weekend
- Rains in Argentina are not too late to benefit the crop this week – sparking the down slide for beans with a wetter weather pattern now on the forecast for the near term
- Wheat continues to feel support from the Russian tax increase
- Ukraine now considering increasing export tariffs as well as domestic livestock producers struggle with rising feed costs
- Threats of a Brazilian trucker strike are not uncommon for harvest season and have surfaced again intended to start the first of February
- Joe Biden will officially become the President tomorrow after inauguration